Guinea 2021 Article Iv Consultation Press Release Staff Report And Statement By The Executive Director For Guinea
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Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea
Author | : International Monetary |
Publisher | : International Monetary Fund |
Total Pages | : 111 |
Release | : 2021-07-06 |
Genre | : Business & Economics |
ISBN | : 151358779X |
Download Guinea: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea Book in PDF, Epub and Kindle
While the non-mining sector was severely impacted by the COVID-19 crisis, overall growth in Guinea remains strong, reaching 7 percent in 2020, driven by booming mining production. Inflation exceeded 12 percent as a result of COVID-related supply disruptions and the ongoing monetary and fiscal response. The already weak social indicators have deteriorated further.
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