IMF Staff Country Reports

Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea

July 6, 2021

More Formats on IMF eLibrary
Order a Print Copy

Preview Citation

Format: Chicago

International Monetary Fund. African Dept. "Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea", IMF Staff Country Reports 2021, 146 (2021), accessed 12/6/2025, https://doi.org/10.5089/9781513587790.002

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

Also available infrançais

Summary

While the non-mining sector was severely impacted by the COVID-19 crisis, overall growth in Guinea remains strong, reaching 7 percent in 2020, driven by booming mining production. Inflation exceeded 12 percent as a result of COVID-related supply disruptions and the ongoing monetary and fiscal response. The already weak social indicators have deteriorated further.

Subject: COVID-19, Debt sustainability analysis, Economic sectors, External debt, Health, International organization, Mining sector, Monetary policy, Public debt

Keywords: accommodative fiscal policy, Africa, authorities' intention, COVID-19, Debt sustainability analysis, Global, Guinean authorities, Mining sector, money market rate, near-term priority, value chain, West Africa

You May Also Be Interested In...

Development Committee: The Managing Director's Written Statement

10/20/2025

The Managing Director's Global Policy Agenda, Fall 2025: Navigating a World In Transition

10/16/2025

Progress Report to the IMFC on the Activities of the Independent Evaluation Office of the IMF

10/16/2025

Unleashing Private Sector Job Creation: Challenges and Opportunities for Lesotho

10/14/2025

Setting Up Fiscal Rules in Lesotho: Kingdom of Lesotho

10/14/2025