Guinea: Staff Report for the 2004 Article IV Consultation

December 7, 2004

Preview Citation

Format: Chicago

Guinea: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2004) accessed November 22, 2024

Summary

This 2004 Article IV Consultation highlights that in 2003, Guinea’s economic situation deteriorated on account of exogenous conditions, as well as poor macroeconomic management and the lack of progress in key structural areas. Annual real GDP growth slowed down from 4.2 percent in 2002 to an estimated 1.2 percent. In the structural reform area, progress was mixed. The outlook for 2004 is plagued by poor performance in the first quarter of the year and by important downside risks, exogenous as well as policy related.

Subject: Banking, Exchange rates, Expenditure, External debt, Foreign exchange, Monetary base, Money

Keywords: Assessment, CR, Delegation, EU assessment mission, Exchange rates, Government delegation, Higher-than-projected arrears accumulation, ISCR, Monetary base, Petroleum price increase, Petroleum product, Spending overrun, West Africa

Publication Details

Pages:

66
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2004/392
Stock No:

1GINEA0072004
ISBN:

9781451815245
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports