Guinea-Bissau: Staff Report for the 2013 Article IV Consultation; Debt Sustainability Analysis; Informational Annex; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Guinea-Bissau

July 3, 2013

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Format: Chicago

Guinea-Bissau: Staff Report for the 2013 Article IV Consultation; Debt Sustainability Analysis; Informational Annex; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Guinea-Bissau, (USA: International Monetary Fund, 2013) accessed November 22, 2024

Summary

The staff report for the 2013 Article IV Consultation on Guinea-Bissau highlights the economic development and policies. Guinea-Bissau’s medium-term challenges are to diversify its economy, reduce widespread poverty, and generate employment opportunities. Recurrent internal conflicts have negatively affected economic growth, poverty reduction, and social advancement in Guinea-Bissau. The economic performance will depend critically on establishing a visibly inclusive political process while moving toward demobilization, and professionalization of the military forces. In the baseline, uncertainties about implementation of those conditions suggest scope for only a slow and weak recovery, leaving real per capita incomes below 2011 levels until at least 2016.

Subject: Economic and financial statistics, External debt, Government finance statistics, Public debt, Public financial management (PFM), Revenue administration

Keywords: Authorities' effort, Authority, Bissau-Guinean authority, CR, Debt, Deficit, Economic situation, Europe, Global, Government finance statistics, Guinea Bissau's economy, Guinean authorities, International community, ISCR, Management framework, Real GDP, West Africa

Publication Details

Pages:

75
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2013/197
Stock No:

1GNBEA2013001
ISBN:

9781475563672
ISSN:

1934-7685

Notes

Also available in Portuguese

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