IMF Staff Country Reports

Guinea: Selected Issues

July 29, 2016

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Guinea: Selected Issues, (USA: International Monetary Fund, 2016) accessed November 23, 2024

Summary

This Selected Issues paper presents the results of the application of the Debt, Investment, and Growth model to the case of Guinea. The model application allows simulation of the macroeconomic implications of scaled-up investment on growth, fiscal policy, and debt sustainability. A scenario analysis comparing the results under different investment paths is also presented. The results suggest that Guinea stands to benefit substantially from scaled-up public investment. Model-based estimates suggest that the GDP per capita benefits from the authorities’ public infrastructure program could be in the vicinity of 2–4 percent. However, ensuring that the expected growth and poverty reduction gains are realized requires the implementation of an accompanying fiscal strategy to preserve macroeconomic stability.

Subject: Consumption taxes, Expenditure, Financial inclusion, Financial markets, Financial sector development, Financial services, Public investment and public-private partnerships (PPP), Revenue administration

Keywords: Banks in Guinea, Banks' return on equity, CR, Direct tax, Financial inclusion, Financial sector development, Financial service, Firm, Global, Growth model, Guinea, Indirect tax, ISCR, Microfinance institutions, Public investment and public-private partnerships (PPP), Sub-Saharan Africa, Tax potential

Publication Details

  • Pages:

    46

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2016/262

  • Stock No:

    1GINEA2016003

  • ISBN:

    9781475520958

  • ISSN:

    1934-7685