Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea
IMF Staff Country Reports, July 6, 2021
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- Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea
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Bibliographic details
- Published: July 6, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513587790.002
Key Findings and Macroeconomic Outcomes
- Overall growth in Guinea reached 7 percent in 2020, driven by booming mining production.
- The non-mining sector was severely impacted by the COVID-19 crisis.
- Inflation exceeded 12 percent as a result of COVID-related supply disruptions and the ongoing monetary and fiscal response.
- Social indicators, already weak, have deteriorated further.
Analytical Focus and Subjects Covered
- COVID-19
- Debt sustainability analysis
- Economic sectors
- External debt
- Health
- International organization
- Mining sector
- Monetary policy
- Public debt
Keywords and Policy Themes
- 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
Content in this bundle
- 1ginea2021001