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Guinea :, Second Review Under the Three-Year Arrangement Under the Extended Credit Facility, Requests for Waiver of Nonobservance and Modification of Performance Criterion, and Financing Assurances Review

Abstract
This paper discusses Guinea’s Second Review Under the Three-Year Arrangement under the Extended Credit Facility, Requests for Modifications of Performance Criteria and Waiver of Nonobservance of Performance Criterion, and Financing Assurances. Growth is projected at 4.5 percent for 2013, slightly lower than envisaged because of lower growth in the mining sector. The programs inflation target has been revised upward slightly, mainly reflecting the higher than programmed outcome at end-2012, together with some modest impact from an agreement on increases in civil service wages. Key risks include continued political unrest in the run-up to elections, which could affect growth, investment, and reform momentum, and a rebound in inflation if the private sector follows the increase in civil service wages
Table Of Contents
2a. Fiscal Operations of the Central Government, 2011-162b. Fiscal Operations of the Central Government, 2008-16; 3a. Central Bank and Deposit Money Banks Accounts, 2008-13; 3b. Monetary Survey, 2008-13; 4. Balance of Payments, 2008-16; 5. Performance Criteria and Indicative Targets, ECF 2012-13; 6. External Financing Requirements and Sources, 2012-16; 7. Indicators of Capacity to Repay the Fund, 2013-25; 8. Proposed Schedule of Disbursements and Timing of Reviews Under the ECF Arrangement, 2012-15; APPENDICES; 1. Letter of Intent
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (98 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781589068971

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