{
  "title": "Guinea: Staff Report for the 2004 Article IV Consultation",
  "publication": "IMF Staff Country Reports, December 7, 2004",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/guinea-staff-report-for-the-2004-article-iv-consultation-17895",
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  "summary": "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.",
  "sections": [
    {
      "heading": "Summary findings: 2003 performance",
      "content": "- Guinea’s economic situation deteriorated in 2003 on account of exogenous conditions, as well as poor macroeconomic management and the lack of progress in key structural areas.\n- Annual real GDP growth slowed down from 4.2 percent in 2002 to an estimated 1.2 percent in 2003."
    },
    {
      "heading": "Structural reform progress",
      "content": "- Progress in the structural reform area was mixed."
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    {
      "heading": "Outlook for 2004 and risks",
      "content": "- 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."
    },
    {
      "heading": "Thematic subjects covered",
      "content": "- Banking\n- Exchange rates\n- Expenditure\n- External debt\n- Foreign exchange\n- Monetary base\n- Money"
    },
    {
      "heading": "Keywords and notable issues highlighted",
      "content": "- assessment\n- CR\n- delegation\n- EU assessment mission\n- Exchange rates\n- government delegation\n- higher-than-projected arrears accumulation\n- ISCR\n- Monetary base\n- petroleum price increase\n- petroleum product\n- spending overrun\n- West Africa\n\n---\n\n Content in this bundle\n\n- cr04392\n  - cr04392 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr04392 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: December 7, 2004",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451815245.002",
    "Guinea’s economic situation deteriorated in 2003 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 2003.",
    "Progress in the structural reform area 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.",
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