Guinea: Staff-Monitored Program

August 11, 2011

Preview Citation

Format: Chicago

Guinea: Staff-Monitored Program, (USA: International Monetary Fund, 2011) accessed September 20, 2024

Also available in: français

Summary

Guinea is emerging from a prolonged period of political crisis. The new government has taken bold steps to address the serious macroeconomic imbalances. The intention to establish a special fund to govern spending from the recent windfall from the mining sector is commended by Executive Directors. The tightening of monetary policy will help drain the excess liquidity out of the economy. Guinea’s foreign exchange market remains fragmented and underdeveloped. Revision of the mining code is important for establishing a better investment environment and improving governance.

Subject: Arrears, Banking, Budget planning and preparation, Economic sectors, Expenditure, External debt, Mining sector, Public financial management (PFM)

Keywords: Arrears, Authorities needs assessment, Budget planning and preparation, CR, Financial operations table, Global, Government, Government finance statistics, Government operation, Guinean authorities, ISCR, Mining sector, Procurement contract, Stabilization policy

Publication Details

Pages:

58
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/251
Stock No:

1GINEA2011001
ISBN:

9781462331468
ISSN:

1934-7685

Notes

Also available in French

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