Guinea: Request For A Three-Year Arrangement Under The Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Guinea
IMF Staff Country Reports, December 19, 2017
Source details
- Canonical URL
- Guinea: Request For A Three-Year Arrangement Under The Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Guinea
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Bibliographic details
- Published: December 19, 2017
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484333914.002
Overview
- Paper discusses Guinea’s Request for a Three-Year Arrangement Under the Extended Credit Facility (ECF).
- The three-year ECF arrangement is intended to help Guinea address a protracted balance of payment need and implement economic policies and reforms to foster higher and broad-based growth.
Economic context and outlook
- The Guinean economy has rebounded from the adverse impact of the Ebola epidemic.
- Growth is expected to continue to be sustained supported by buoyant mining activity and the scaling-up of infrastructure investments.
Program objectives and role
- Support addressing a protracted balance of payment need through a three-year ECF arrangement.
- Implement economic policies and reforms to foster higher and broad-based growth.
- Play a catalytic role in mobilizing donor financing, notably from the World Bank and the European Union.
Subjects and keywords
- Subjects: Banking, Debt sustainability, Expenditure, External debt, Public financial management (PFM), Public investment and public-private partnerships (PPP), Revenue administration
- Keywords: Africa, authority, central bank, CR, debt, Debt sustainability, development agenda, ECF arrangement, ECF-supported program, Global, Guinean authorities, ISCR, Public investment and public-private partnerships (PPP), reform effort, Sub-Saharan Africa
Content in this bundle
- Country Report