Guinea-Bissau: Recent Economic Developments

December 19, 1995

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Guinea-Bissau: Recent Economic Developments, (USA: International Monetary Fund, 1995) accessed December 24, 2024

Summary

This report describes recent economic and financial developments in Guinea–Bissau, focusing on 1994 and early 1995, and provides statistical coverage from 1990. In 1994, the rate of growth of aggregate economic output exceeded that of the population, the pace of consumer price inflation abated to historic low, and both the fiscal and external current account positions showed further improvement. At end-1994, the economic and financial situation of Guinea–Bissau remained characterized by large domestic and external imbalances, as well as by a heavy burden of external debt service obligations.

Subject: Agroindustries, Arrears, Banking, Civil service, Commercial banks, Economic sectors, Exports, External debt, Financial institutions, International trade, Labor

Keywords: Africa, Agroindustries, Arrears, Asia and Pacific, Balance of payments, Banking system, Central bank, Civil service, Commercial banks, CR, Debt service, Europe, Exports, Government, Guinea-Bissau authorities, ISCR, Net government lending, Rate of depreciation

Publication Details

Pages:

57
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1995/120
Stock No:

1GNBEA0011995
ISBN:

9781451815689
ISSN:

1934-7685

Notes

This report on recent economic developments in Guine-Bissau was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of Guinea-Bissau, or the Executive Board of the IMF.

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