Guinea- Bissau: 2017 Article IV Consultation and Fourth Review Under the Extended Credit Facility Arrangement, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Guinea-Bissau

December 18, 2017

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Guinea- Bissau: 2017 Article IV Consultation and Fourth Review Under the Extended Credit Facility Arrangement, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Guinea-Bissau, (USA: International Monetary Fund, 2017) accessed December 22, 2024

Also available in: português

Summary

This 2017 Article IV Consultation highlights that Guinea-Bissau’s commitment to the Extended-Credit-Facility-supported program is strong and the results are apparent. The economy is growing strongly and the fiscal position has improved markedly. Supported by favorable terms of trade, real GDP growth averaged almost 6 percent in 2015–16, with a surplus on the external current account and inflation below 2 percent a year. Public financial management has improved and the 2017 fiscal deficit is projected to fall under 2 percent of GDP. The outlook is broadly favorable, with growth projected at 5 percent over the medium term.

Subject: Expenditure, External debt, Government debt management, Public debt, Public financial management (PFM), Revenue administration

Keywords: Authority, Baseline debt service, Bissau Guinean authorities, Bissau-Guinean authorities, CR, Europe, Global, Government debt management, Government support, ISCR, Taxpayer regime, West Africa, West AFRITAC

Publication Details

Pages:

110
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2017/380
Stock No:

1GNBEA2017002
ISBN:

9781484333150
ISSN:

1934-7685

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