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This paper discusses Guinea’s Request for Debt Relief Under the Catastrophe Containment (CC) Window of the Catastrophe … Containment and Relief (CCR) Trust. Since early 2014, Guinea has been experiencing an ongoing Ebola epidemic that has spread to … of the public health disaster, and the ensuing financing needs to contain the disease and rehabilitate Guinea’s public …
Persistent link: https://www.econbiz.de/10014412111
This paper discusses Liberia’s Request for Disbursement Under the Rapid Credit Facility (RCF) and Debt Relief Under the Catastrophe Containment and Relief (CCR) Trust. Economic activity has declined significantly, and fiscal and external financing needs are more pronounced than envisaged at...
Persistent link: https://www.econbiz.de/10014411990
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
After two years of protracted political turmoil and delays in reforms, the authorities put in place in 2021 an ambitious fiscal consolidation program to ensure debt sustainability while creating fiscal space to address vast developmental needs. In late July, Fund Management approved a 9-month...
Persistent link: https://www.econbiz.de/10013169013
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
Guinea is being severely affected by the COVID-19 pandemic. A local outbreak is spreading rapidly, adding pressure to … impact domestic economic activity. Furthermore, the sharp slowdown in China (Guinea's main export market) has hindered mining … exports and tax revenues, putting pressure on Guinea's external and fiscal position. Since the completion of the fourth ECF …
Persistent link: https://www.econbiz.de/10012250478
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