Guinea : Recent Economic Developments.

This paper reviews economic developments in Guinea during 1990-95. In 1995, expectations arising from the new discoveries of sizable oil reserves and double-digit growth in the non-oil economy-led by the timber industry-dominated economic developments. However, the fiscal position was again expansio...

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Podrobná bibliografie
Korporativní autor: International Monetary Fund
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 1997.
Edice:IMF Staff Country Reports; Country Report ; No. 1996/148
On-line přístup:Full text available on IMF
Popis
Shrnutí:This paper reviews economic developments in Guinea during 1990-95. In 1995, expectations arising from the new discoveries of sizable oil reserves and double-digit growth in the non-oil economy-led by the timber industry-dominated economic developments. However, the fiscal position was again expansionary, as the fiscal deficit grew to 5 percent of GDP, exacerbating imbalances and adding to external payments arrears. Total budgetary revenue as a share of GDP fell and noninterest expenditure increased sharply including unclassified spending on the order of 3 percent of GDP.
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Fyzický popis:1 online resource (85 pages)
Médium:Mode of access: Internet
ISSN:1934-7685
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