IMF Staff Country Reports

Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea

Publication Date:

July 6, 2021

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

While the non-mining sector was severely impacted by the COVID-19 crisis, overall growth in Guinea remains strong, reaching 7 percent in 2020, driven by booming mining production. Inflation exceeded 12 percent as a result of COVID-related supply disruptions and the ongoing monetary and fiscal response. The already weak social indicators have deteriorated further.

Series:

Country Report No. 2021/146

Subject:

COVID-19 Debt sustainability analysis Economic sectors External debt Health International organization Mining sector Monetary policy Public debt

Frequency:

regular