IMF Staff Country Reports

Guinea: First Review of the Arrangement Under the Three-Year Extended Credit Facility, Financing Assurances Review, and Request for Modification and for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Guinea

July 20, 2018

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Format: Chicago

International Monetary Fund. African Dept. "Guinea: First Review of the Arrangement Under the Three-Year Extended Credit Facility, Financing Assurances Review, and Request for Modification and for Waivers of Nonobservance of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for Guinea", IMF Staff Country Reports 2018, 234 (2018), accessed 12/24/2025, https://doi.org/10.5089/9781484369913.002

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Summary

The Guinean economy is growing at a faster than anticipated pace on the back of buoyant mining activity. The growth momentum is expected to continue, with real growth at about 6 percent in 2018 and over the medium term. However, risks of instability are heightened by the current electoral cycle.

Subject: Banking, External debt, National accounts, Public debt, Public financial management (PFM), Revenue administration

Keywords: Africa, Asia and Pacific, CR, debt, domestically-financed capital expenditures, ECF arrangement, Europe, Global, government, ISCR, Middle East, net government repayment, private sector development, sovereign expenditure, West Africa