1.

Record Nr.

UNINA9910160292003321

Titolo

Guinea-Bissau : : First and Second Reviews Under the Extended Credit Facility Arrangement, Request for Rephasing of Disbursements, Modification of Performance Criteria and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Guinea-Bissau

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2016

ISBN

1-4755-6169-5

Descrizione fisica

1 online resource (89 pages) : illustrations

Collana

IMF Staff Country Reports

Soggetti

Exports and Imports

Macroeconomics

Public Finance

Statistics

Taxation

Taxation, Subsidies, and Revenue: General

National Government Expenditures and Related Policies: General

International Lending and Debt Problems

Data Collection and Data Estimation Methodology

Computer Programs: Other

General Aggregative Models: General

Public finance & taxation

International economics

Econometrics & economic statistics

Economic & financial crises & disasters

Tax administration core functions

Public financial management (PFM)

Revenue administration

Expenditure

Arrears

External debt

Debts, External

Tax administration and procedure

Finance, Public

Revenue

Expenditures, Public

Guinea-Bissau Economic conditions

Guinea



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

This paper discusses Guinea-Bissau’s First and Second Reviews Under the Extended Credit Facility (ECF) arrangement, Request for Rephasing of Disbursements, Modification of Performance Criteria, and Financing Assurances Review. All performance criteria for the first and second reviews were met. The IMF staff discussions with the authorities focused on measures to fill the 2016 financing gap that resulted from the loss of budget support and steps to reignite structural reforms. The authorities undertook remedial measures, including declaring the bank bailout operation null and void and measures to address weaknesses in public financial management. The IMF staff supports completion of the first and second reviews under the ECF arrangement and the authorities’ requests for modification of performance criteria and rephasing of disbursements.