Guinea : Staff Report for the 2005 Article IV Consultation and Staff-Monitored Program

1GINEA2006002 Image
Price:  $15.00

Release Date: © February, 2006
ISBN : 978-1-45181-528-3
Stock #: 1GINEA2006002
Stock Status: On back-order

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This 2005 Article IV Consultation highlights that Guinea’s economic performance has deteriorated in recent years, largely as a result of a weak policy framework and against a background of mounting regional insecurity and low prices for its main commodity exports. Economic growth since 2000 has slowed to an average of about 2.5 percent, inflation accelerated to almost 30 percent, and international reserves fell to less than one month of imports. Real GDP growth is expected to recover moderately in 2005, but little progress is expected in reducing inflation.


Economic policy , Exchange rate policy , Fiscal policy , Foreign exchange , Monetary policy

More publications in this series: IMF Staff Country Reports