04441oam 22009854 450 991016029200332120230808201323.01-4755-6169-5(CKB)3710000001018420(MiAaPQ)EBC4787868(IMF)1GNBEA2016001(EXLCZ)99371000000101842020020129d2016 uf 0engurcnu||||||||rdacontentrdamediardacarrierGuinea-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-BissauWashington, D.C. :International Monetary Fund,2016.1 online resource (89 pages) illustrationsIMF Staff Country Reports1-4755-6167-9 1-4755-6171-7 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.IMF Staff Country Reports; Country Report ;No. 2016/384Exports and ImportsimfMacroeconomicsimfPublic FinanceimfStatisticsimfTaxationimfTaxation, Subsidies, and Revenue: GeneralimfNational Government Expenditures and Related Policies: GeneralimfInternational Lending and Debt ProblemsimfData Collection and Data Estimation MethodologyimfComputer Programs: OtherimfGeneral Aggregative Models: GeneralimfPublic finance & taxationimfInternational economicsimfEconometrics & economic statisticsimfEconomic & financial crises & disastersimfTax administration core functionsimfPublic financial management (PFM)imfRevenue administrationimfExpenditureimfArrearsimfExternal debtimfDebts, ExternalimfTax administration and procedureimfFinance, PublicimfRevenueimfExpenditures, PublicimfGuinea-BissauEconomic conditionsGuineaimfExports and ImportsMacroeconomicsPublic FinanceStatisticsTaxationTaxation, Subsidies, and Revenue: GeneralNational Government Expenditures and Related Policies: GeneralInternational Lending and Debt ProblemsData Collection and Data Estimation MethodologyComputer Programs: OtherGeneral Aggregative Models: GeneralPublic finance & taxationInternational economicsEconometrics & economic statisticsEconomic & financial crises & disastersTax administration core functionsPublic financial management (PFM)Revenue administrationExpenditureArrearsExternal debtDebts, ExternalTax administration and procedureFinance, PublicRevenueExpenditures, PublicDcWaIMFBOOK9910160292003321Guinea-Bissau2675194UNINA