02137cas a2200241 a 4500 AALejournalIMF017294 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475561678 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. 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. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (88 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2016/384 Full text available on IMF http://elibrary.imf.org/view/journals/002/2016/384/002.2016.issue-384-en.xml IMF e-Library