Guinea : Recent Economic Developments.
This paper reviews economic developments in Guinea during 1990-95. In 1995, expectations arising from the new discoveries of sizable oil reserves and double-digit growth in the non-oil economy-led by the timber industry-dominated economic developments. However, the fiscal position was again expansio...
| Collectivité auteur: | |
|---|---|
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
1997.
|
| Collection: | IMF Staff Country Reports; Country Report ;
No. 1996/148 |
| Accès en ligne: | Full text available on IMF |
| Résumé: | This paper reviews economic developments in Guinea during 1990-95. In 1995, expectations arising from the new discoveries of sizable oil reserves and double-digit growth in the non-oil economy-led by the timber industry-dominated economic developments. However, the fiscal position was again expansionary, as the fiscal deficit grew to 5 percent of GDP, exacerbating imbalances and adding to external payments arrears. Total budgetary revenue as a share of GDP fell and noninterest expenditure increased sharply including unclassified spending on the order of 3 percent of GDP. |
|---|---|
| Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Description matérielle: | 1 online resource (85 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Accès: | Electronic access restricted to authorized BRAC University faculty, staff and students |