Guinea-Bissau: Review of Performance Under the Program Supported by Emergency Post-Conflict Assistance and Request for Second Purchase Under Emergency Post-Conflict Assistance-Staff Report; Press Release on the Executive Board Discussion; and Statement by

Guinea-Bissau: Review of Performance Under the Program Supported by Emergency Post-Conflict Assistance and Request for Second Purchase Under Emergency Post-Conflict Assistance-Staff Report; Press Release on the Executive Board Discussion; and Statement by

by International Monetary Fund

47 pages· 2008
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This paper reviews the performance of Guinea-Bissau Under the program supported by Emergency Post-Conflict Assistance (EPCA). Guinea-Bissau has made progress in stabilizing its fiscal situation under difficult circumstances and is moving steadily to implement structural reforms. Four of the six end-March quantitative indicators were met; the other two are expected to be met for the year as a whole. All structural indicators were implemented, albeit with some delay. The authorities recognize the importance of accelerating structural fiscal reforms to further build capacity and improve confidence in the economy.

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