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Guinea-Bissau: Staff-Monitored Program

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  • International Monetary Fund

Abstract

This paper focuses on the Staff-Monitored Program (SMP) for Guinea-Bissau. The SMP, which covers the period April–December 2005, is based on the budget for 2005. It aims at avoiding new domestic arrears through a cash-rationing system, at improving tax administration and expenditure management, and at laying the basis for main public sector reform programs in the future. Economic policy focuses on rehabilitation of war-damaged infrastructure and on promoting economic growth by eliminating excessive regulation. The program also aims at improving governance.

Suggested Citation

  • International Monetary Fund, 2005. "Guinea-Bissau: Staff-Monitored Program," IMF Staff Country Reports 2005/252, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2005/252
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