Guinea-Bissau: First Review Under the Three-Year Arrangement Under the Extended Credit Facility and Financing Assurances Review-Staff Report; Staff Statement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Guinea-Bissau

December 22, 2010

Summary

The paper highlights that Guinea-Bissau managed to maintain macroeconomic stability amid challenging political circumstances. The Executive Board agreed that the performance under the Extended Credit Facility (ECF)-supported program has been satisfactory in attaining substantial progress with structural reforms. They agreed that it has qualified for debt relief, including for topping-up assistance; the Board also stressed the need to maintain commitment to the successful implementation of economic reforms.

Subject: Arrears, Economic and financial statistics, External debt, Government finance statistics, Public financial management (PFM), Revenue administration, Tax administration core functions

Keywords: A. Program monitoring, Africa, Arrears, budget support, cooperation agreement, CR, discussion of Guinea-Bissau, financing, government, Government finance statistics, government's effort, HIPC completion point, ISCR, Sub-Saharan Africa, Tax administration core functions, West Africa, World Bank's International Development Association

Pages:
77
Volume:
2010
DOI:
https://doi.org/10.5089/9781455213542.002
Issue:
379
Series:
Country Report No. 2010/379
Stock No:
1GNBEA2010002
ISBN:
9781455213542
ISSN:
1934-7685

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Notes

Also Available in Portuguese

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