Guinea- Bissau: Recent Economic Developments

International Monetary Fund

No 1998/040, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper describes economic developments in Guinea–Bissau during the 1990s. Following mixed economic performance in 1991–92, a period of financial stabilization in 1993–94 led to an economic program that was supported by a three-year annual arrangement under the Enhanced Structural Adjustment Facility approved in January 1995. After some difficulties in early 1995, the program objectives for budgetary revenue, the external account, and real growth rate were surpassed. Economic developments were generally favorable in 1996 and 1997 although inflation continued to be a source of concern until mid-1997.

Keywords: ISCR; CR; Guinea-Bissau; Guinea-Bissau peso; CFA franc; adjustment effort; factor cost; envisaged entry; rate of inflation; Agroindustries; Agricultural commodities; Exports; Consumption taxes; Tariffs; West Africa; Africa; transmission mechanism; balances Equation; Guinea-Bissau authorities; exchange rate indicator; Civil service (search for similar items in EconPapers)
Pages: 88
Date: 1998-06-04
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