Guinea: First Review Under the Three-Year Arrangement Under the Extended Credit Facility, Financing Assurances Review, Request for a Waiver of Nonobservance of a Performance Criterion and Request for Modification of Performance Criteria—Staff Report; Informational Annex; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Guinea.

Publication Date: November 07, 2012
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Summary: Guinea is making good progress in recovering from a long period of social unrest and military rule. Macroeconomic imbalances have been reduced, major structural reforms are under way, and long-neglected infrastructure is being rebuilt. However, the political transition process is still incomplete, with parliamentary elections having been delayed, and social tensions persist. Guinea remains vulnerable to developments in international markets, but risks are mitigated by long-term mining contracts; the key food import is rice, where recent international price increases have been modest and where agricultural reforms seek to boost domestic production. 
Series: Country Report No. 12/301
Subject(s): Extended Credit Facility | Fiscal policy | Mining sector | Agricultural sector | Electric power | Debt management | Fiscal reforms | Monetary policy | Economic indicators | Staff Reports | Press releases | Performance criteria waivers | Performance criteria modifications | Guinea

Notes Also available in French
Publication Date: November 07, 2012
ISBN/ISSN: 9781616350918/2227-8907 Format: Paper
Stock No: 1GINEA2012006 Pages: 90
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