Guinea-Bissau: Second Review Under the Three-Year Arrangement Under the Extended Credit Facility and Financing Assurances Review: Staff Report; Informational Annex; Press Release on the Review

May 26, 2011

Preview Citation

Format: Chicago

Guinea-Bissau: Second Review Under the Three-Year Arrangement Under the Extended Credit Facility and Financing Assurances Review: Staff Report; Informational Annex; Press Release on the Review, (USA: International Monetary Fund, 2011) accessed November 21, 2024

Summary

The review highlights that the government of Guinea-Bissau maintained macroeconomic stability under challenging circumstances. The government implemented satisfactory policies under the IMF supported program even in severe conditions. The authorities have met all performance criteria and all structural reforms for the second review. Sound macroeconomic policies, strengthened institutions, and debt relief have stabilized the economy and supported confidence building. It is critical that the government maintain the reform momentum and continue to build on the satisfactory performance under the Extended Credit Facility (ECF).

Subject: Arrears, Economic and financial statistics, External debt, Fiscal governance, Fiscal policy, Government finance statistics, Public financial management (PFM), Revenue administration, Tax administration core functions

Keywords: Arrears, CFA franc, CR, Fiscal governance, Government, Government finance statistics, Government savings, Guinea-Bissau authorities, ISCR, Policy implementation, Reform momentum, Tax administration core functions, West Africa, West African state

Publication Details

Pages:

64
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2011/119
Stock No:

1GNBEA2011001
ISBN:

9781455274536
ISSN:

1934-7685

Notes

Also Available in Portuguese

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