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Guinea-Bissau: 2010 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility and for Additional Interim Assistance Under the Enhanced Heavily Indebted Poor Countries Initiative

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  • International Monetary Fund

Abstract

Guinea-Bissau’s 2010 Article IV Consultation and request for a Three-Year Arrangement under the Extended Credit Facility are discussed. Despite the difficult external environment and its political challenges, in 2009, Guinea-Bissau made progress in stabilizing its economy through the Emergency Post-Conflict Assistance-supported program. Real GDP growth reached 3 percent, driven by a favorable cashew harvest and a pickup in construction activity. The main risks relate to political instability, vulnerability to external shocks, and the possibility of inadequate donor support.

Suggested Citation

  • International Monetary Fund, 2010. "Guinea-Bissau: 2010 Article IV Consultation and Request for a Three-Year Arrangement Under the Extended Credit Facility and for Additional Interim Assistance Under the Enhanced Heavily Indebted Poor C," IMF Staff Country Reports 2010/117, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2010/117
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    Cited by:

    1. Carlos Caceres & Marcos Poplawski-Ribeiro & Darlena Tartari, 2013. "Inflation Dynamics in the CEMAC Region," Journal of African Economies, Centre for the Study of African Economies, vol. 22(2), pages 239-275, March.
    2. Mr. Driton Qehaja, 2012. "Fiscal Policy Response to External Crises the Case of Moldova 1998-2010," IMF Working Papers 2012/082, International Monetary Fund.

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