Guinea-Bissau : request for disbursement under the rapid credit facility: staff report: press release: and statement by the Executive Director for Guinea-Bissau.

Guinea-Bissau : request for disbursement under the rapid credit facility: staff report: press release: and statement by the Executive Director for Guinea-Bissau.

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, ©2014.
Description:1 online resource (75 pages) : color illustrations.
Language:English
Series:IMF country report, 1934-7685 ; no. 14/318
IMF country report ; no. 14/318.
Subject:
International Monetary Fund -- Guinea-Bissau.
International Monetary Fund.
Economic assistance -- Guinea-Bissau.
Balance of payments -- Guinea-Bissau.
Fiscal policy -- Guinea-Bissau.
Economic indicators -- Guinea-Bissau.
Debts, External -- Guinea-Bissau.
Balance of payments.
Debts, External.
Economic assistance.
Economic history.
Economic indicators.
Fiscal policy.
Guinea-Bissau -- Economic conditions.
Guinea-Bissau.
Electronic books.
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12504156
Hidden Bibliographic Details
Varying Form of Title:Guinea-Bissau, request for disbursement under the rapid credit facility
Other authors / contributors:International Monetary Fund.
ISBN:149834884X
9781498348843
9781498348843
Notes:"November 2014."
"October 20, 2014"--Page 2 of pdf.
Includes bibliographical references.
Online resource; title from pdf title page (IMF Web site, viewed November 13, 2014).
Summary:This paper discusses Guinea-Bissau's Request for Disbursement Under the Rapid Credit Facility (RCF). In 2012 and 2013, Guinea-Bissau suffered a severe balance of payments shock as the international price of raw cashew nuts--the main export product--fell by about 20 percent per year. The authorities have requested assistance under the RCF to help address the urgent balance of payments and fiscal financing needs for 2014. The IMF staff supports the authorities' request for assistance under the RCF in view of their currently limited capacity to implement policies of an upper credit tranche-quality economic program, the large and urgent balance of payments need, and the catalytic effect of IMF support for other external financing.
Standard no.:10.5089/9781498348843.002

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