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Guinea: Staff Report for the 2003 Article IV Consultation

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  • International Monetary Fund

Abstract

In 2003, Guinea's macroeconomic management deteriorated significantly, and the prospects for 2003 are uncertain at best. Performance under the 2002–03 poverty reduction and growth facility (PRGF)-supported program is weak. The main challenge is to promote and sustain the strong private sector-led growth that is necessary to achieve the poverty reduction objectives set out in the poverty reduction strategy paper (PRSP). IMF staff urged the authorities to adopt appropriate fiscal and monetary policies and step up the implementation of structural reforms.

Suggested Citation

  • International Monetary Fund, 2003. "Guinea: Staff Report for the 2003 Article IV Consultation," IMF Staff Country Reports 2003/250, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2003/250
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=16798
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    Cited by:

    1. Chamon, Marcos, 2007. "Can debt crises be self-fulfilling?," Journal of Development Economics, Elsevier, vol. 82(1), pages 234-244, January.
    2. Alison Pargeter, 2006. "Libya: Reforming the impossible?," Review of African Political Economy, Taylor & Francis Journals, vol. 33(108), pages 219-235, June.
    3. World Bank, 2005. "Angola : Public Expenditure Management and Financial Accountability," World Bank Publications - Reports 8514, The World Bank Group.

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