Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea

July 6, 2021

Preview Citation

Format: Chicago

Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea, (USA: International Monetary Fund, 2021) accessed November 21, 2024

Also available in: français

Summary

While the non-mining sector was severely impacted by the COVID-19 crisis, overall growth in Guinea remains strong, reaching 7 percent in 2020, driven by booming mining production. Inflation exceeded 12 percent as a result of COVID-related supply disruptions and the ongoing monetary and fiscal response. The already weak social indicators have deteriorated further.

Subject: COVID-19, Debt sustainability analysis, Economic sectors, External debt, Health, International organization, Mining sector, Monetary policy, Public debt

Keywords: Accommodative fiscal policy, Africa, Authorities' intention, COVID-19, Debt sustainability analysis, Global, Guinean authorities, Mining sector, Money market rate, Near-term priority, Value chain, West Africa

Publication Details

Pages:

111
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2021/146
Stock No:

1GINEA2021001
ISBN:

9781513587790
ISSN:

1934-7685

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