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

Table of Contents:

Cover; CONTENTS; Glossary; BACKGROUND, RECENT ECONOMIC DEVELOPMENTS, OUTLOOK AND RISKS; A. Context; B. Recent Economic Developments; C. Outlook; RESTORING MACROECONOMIC STABILITY; A. Restoration of Fiscal Discipline and Normalization of Government Operations; B. Resumption of Fiscal Structural Reforms; BOXES; 1. Reforming Tax Administration in Guinea-Bissau; 2. Strengthening Public Financial Management (PFM) in Guinea Bissau; C. Structural Reforms to Create Conditions for Sustained Economic Growth; 3. The FUNPI: Design, Implementation and Impact
REQUEST FOR DISBURSEMENT UNDER THE RAPID CREDIT FACILITYSTAFF APPRAISAL; FIGURES; 1. Economic Developments, 2009-14; 2. Additional Economic Developments, 2009-14; 3. Medium-Term Outlook, 2012-17; TABLES; 1. Selected Economic Indicators, 2011-16; 2a. Central Government Operations, 2011-16 (CFAF Billions); 2b. Central Government Operations, 2011-16 (Percent of GDP); 3. Monetary Survey, 2011-16; 4. Balance of Payments, 2011-16; 5. Indicators of Capacity to Repay the Fund, 2014-24; APPENDICES; I. Financial Stability and Development in Guinea-Bissau; II. Letter of Intent
Attachment I-Memorandum of Economic and Financial PoliciesAttachment II-Technical Memorandum of Understanding; CONTENTS; FUND RELATIONS; WORLD BANK GROUP RELATIONS; AFRICAN DEVELOPMENT BANK GROUP RELATIONS; STATISTICAL ISSUES

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