Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea

International Monetary Fund

No 2021/146, IMF Staff Country Reports from International Monetary Fund

Abstract: While the non-mining sector was severely impacted by the COVID-19 crisis, overall growth in Guinea remains strong, reaching 7 percent in 2020, driven by booming mining production. Inflation exceeded 12 percent as a result of COVID-related supply disruptions and the ongoing monetary and fiscal response. The already weak social indicators have deteriorated further.

Keywords: authorities' intention; accommodative fiscal policy; Guinean authorities; near-term priority; value chain; money market rate; Mining sector; COVID-19; Debt sustainability analysis; Global; Africa; West Africa (search for similar items in EconPapers)
Pages: 111
Date: 2021-07-06
New Economics Papers: this item is included in nep-isf and nep-mac
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