Guinea: Staff Report for the 2002 Article IV Consultation, the First Review Under the Poverty Reduction and Growth Facility, Requests for Waiver of Performance Criteria, Second-Year Program Under the Poverty Reduction and Growth Facility, and for Additional Interim Assistance Under the Enhanced Initiative for Heavily Indebted Poor Countries

International Monetary Fund

No 2004/099, IMF Staff Country Reports from International Monetary Fund

Abstract: The first review of the three-year PRGF arrangement approved on May 2, 2001, has been delayed to give the authorities time to rectify weaknesses in program execution during a four-month consolidation period by meeting specified revenue and expenditure targets set for that period. The medium-term macroeconomic framework underpinning the poverty reduction strategy paper is consistent with that of the initial poverty reduction growth facility (PRGF)-supported program approved. The public enterprise restructuring and privatization program remains a key element of the structural reform agenda.

Keywords: ISCR; CR; Board decision; microfinance institution CMG; PRGF arrangement from the IMF; PRGF arrangement; repayment plan; PRGF loan; Poverty reduction strategy; Mining sector; Debt service; West Africa; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 111
Date: 2004-04-12
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