Guinea: Background Paper

International Monetary Fund

No 1996/007, IMF Staff Country Reports from International Monetary Fund

Abstract: This Background Paper on Guinea highlights that Guinea’s relatively strong macroeconomic performance during 1987–94 allowed for an annual increase in real per capita GDP of 1 percent. On the basis of national account estimates, the growth of value added in the primary sector averaged about 3.7 percent annually during 1986–92 before accelerating to some 5 percent during 1993–94. The buoyancy in the primary sector reflected mainly a strong response of agriculture to economic liberalization and large investments in the agricultural sector.

Keywords: ISCR; CR; government; company; Guinea; debt service; control procedure; mining revenue; Guinean authorities; bank financing; government development expenditure; government transaction; Kindia bauxite company; government receipts; government operation; alumina company; diamond company; inflation rate; Mining sector; Commercial banks; Exports; Civil service; Monetary base; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 119
Date: 1996-02-07
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