Guinea : Staff Report for the 1999 Article IV Consultation and Request for the Third Annual Arrangement Under the Enhanced Structural Adjustment Facility.

The Guinean government faced economic management problems. The government revised its budget and adopted fiscal and monetary targets aimed at stopping monetary expansion by scaling back and controlling expenditure to meet revenue. Repayment of government debt to the central bank will increase privat...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2000.
Series:IMF Staff Country Reports; Country Report ; No. 2000/033
Online Access:Full text available on IMF
Description
Summary:The Guinean government faced economic management problems. The government revised its budget and adopted fiscal and monetary targets aimed at stopping monetary expansion by scaling back and controlling expenditure to meet revenue. Repayment of government debt to the central bank will increase private sector credit and the rebuilding of foreign exchange reserves. Exchange rate policy must be more clearly defined. Governance issues remain an important concern in Guinea. The enhanced Initiative for Highly Indebted Poor Countries (HIPC) will provide important debt relief to Guinea.
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Physical Description:1 online resource (67 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students