Staff Report for the 2006 Article IV Consultation, Review of Developments Under the 2005 Staff-Monitored Program, and New Staff-Monitored Program for 2006

1GNBEA2006001 Image
Price:  $15.00

Release Date: © August, 2006
ISBN : 978-1-45181-580-1
Stock #: 1GNBEA2006001
English
Stock Status: On back-order

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Description

Despite abundant natural resources and arable land, Guinea-Bissau is ranked at the lowest end of the UN human development index, mainly because of the civil war of 1998–99 and the ensuing prolonged political instability and serious governance deficiencies thereafter. Since mid-2004, Guinea-Bissau has made a major effort to address the political and economic problems of recent years. The fiscal balance improved, but cash flow problems persisted throughout 2005. Higher imports and strengthened tax and customs administration helped buoy tax revenue.

Taxonomy

Balance of payments , Economic policy , Fiscal policy




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