Guinea: Staff Report for the 2004 Article IV Consultation
December 7, 2004
Download PDF
More Formats on IMF eLibrary
Order a Print CopySummary
This 2004 Article IV Consultation highlights that in 2003, Guinea’s economic situation deteriorated on account of exogenous conditions, as well as poor macroeconomic management and the lack of progress in key structural areas. Annual real GDP growth slowed down from 4.2 percent in 2002 to an estimated 1.2 percent. In the structural reform area, progress was mixed. The outlook for 2004 is plagued by poor performance in the first quarter of the year and by important downside risks, exogenous as well as policy related.
Subject: Banking, Exchange rates, Expenditure, External debt, Foreign exchange, Monetary base, Money
Keywords: assessment, CR, delegation, EU assessment mission, Exchange rates, government delegation, higher-than-projected arrears accumulation, ISCR, Monetary base, petroleum price increase, petroleum product, spending overrun, West Africa
Pages:
66
Volume:
2004
DOI:
Issue:
392
Series:
Country Report No. 2004/392
Stock No:
1GINEA0072004
ISBN:
9781451815245
ISSN:
1934-7685
