Guinea : Staff-Monitored Program

Publication Date: August 11, 2011
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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.
Series: Country Report No. 11/251
Subject(s): Budget deficits | Economic indicators | External debt | External financing | Fiscal reforms | Staff-monitored programs

Notes Also available in French
Publication Date: August 11, 2011
ISBN/ISSN: 9781462331468/1934-7685 Format: Paper
Stock No: 1GINEA2011001 Pages: 58
US$18.00 (Academic Rate:
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