IMF Staff Country Reports

Guinea: Staff Report for the 2002 Article IV Consultation, the First Review Under the Poverty Reduction and Growth Facility, Requests for Waiver of Performance Criteria, Second-Year Program Under the Poverty Reduction and Growth Facility, and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries

April 12, 2004

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Guinea: Staff Report for the 2002 Article IV Consultation, the First Review Under the Poverty Reduction and Growth Facility, Requests for Waiver of Performance Criteria, Second-Year Program Under the Poverty Reduction and Growth Facility, and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries, (USA: International Monetary Fund, 2004) accessed November 21, 2024

Summary

The first review of the three-year PRGF arrangement approved on May 2, 2001, has been delayed to give the authorities time to rectify weaknesses in program execution during a four-month consolidation period by meeting specified revenue and expenditure targets set for that period. The medium-term macroeconomic framework underpinning the poverty reduction strategy paper is consistent with that of the initial poverty reduction growth facility (PRGF)-supported program approved. The public enterprise restructuring and privatization program remains a key element of the structural reform agenda.

Subject: Banking, Debt service, Economic sectors, Expenditure, External debt, Mining sector, Poverty, Poverty reduction strategy, Public debt, Public enterprises

Keywords: Board decision, CR, Debt service, ISCR, Microfinance institution CMG, Mining sector, Poverty reduction strategy, PRGF arrangement, PRGF arrangement from the IMF, PRGF loan, Repayment plan, Sub-Saharan Africa, West Africa

Publication Details

  • Pages:

    111

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2004/099

  • Stock No:

    1GINEA0012004

  • ISBN:

    9781451815160

  • ISSN:

    1934-7685

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