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On December 18, 2023, the explosion of a major fuel import and storage facility led to fuel shortages and new urgent financing needs. The blast caused 25 deaths and 457 injured as well as widespread fuel shortages, affecting transportation and economic activity. The relatively strong mining...
Persistent link: https://www.econbiz.de/10015058420
This paper focuses on Guinea's 2022 Article IV Consultation and Request for Disbursement under the Rapid Credit … Facility (RCF). Guinea's chronic food insecurity was significantly exacerbated in 2022 as a result of the international food … the food shock. Guinea remains at moderate risk of debt distress, with some space to absorb shocks but limited space for …
Persistent link: https://www.econbiz.de/10015059766
This report reviews Guinea's economic performance under the program supported by an Extended Credit Facility (ECF …) arrangement. Guinea was declared free of the Ebola epidemic at end-2015, and after two years of stagnant activity, growth is …
Persistent link: https://www.econbiz.de/10011671487
This paper discusses Guinea's Request for a Three-Year Arrangement Under the Extended Credit Facility (ECF). The … will help Guinea address a protracted balance of payment need and implement economic policies and reforms to foster higher …
Persistent link: https://www.econbiz.de/10011804170
EXECUTIVE SUMMARY Economic activity remained weak in early 2014. Activity was impacted by an outbreak of the Ebola virus since late 2013, but lagging structural reforms, energy shortages, and political uncertainty may also be at play. Economic growth is estimated to have been 2.3 percent in...
Persistent link: https://www.econbiz.de/10010460845
This paper focuses on Guinea's Fourth Review Under the Extended Credit Facility (ECF) Arrangement, and Financing … Assurances Review. While performance under the IMF-supported program remains broadly satisfactory, Guinea faces significant …. The ECF arrangement supports strengthening Guinea's resilience, scaling-up growth-supporting investment and social …
Persistent link: https://www.econbiz.de/10012249483