Debt Management Performance Assessment : Guinea
The DeMPA methodology provides a comprehensive set of indicators spanning the full range of DeM functions and used for in-depth analysis of the quality of government debt management functions and institutions. The results of the DeMPA evaluation he...
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| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/133761578588395712/Guinea-Debt-Management-Performance-Assessment http://hdl.handle.net/10986/33216 |
| Summary: | The DeMPA methodology provides a
comprehensive set of indicators spanning the full range of
DeM functions and used for in-depth analysis of the quality
of government debt management functions and institutions.
The results of the DeMPA evaluation help the central
government authority to take stock of the current DeM
situation, assess quality of undertaken reforms and design
medium term reforms’ plan. The Guinean economy is recovering
well from two recent major shocks: the Ebola epidemic in
2014-2015 and a decline in commodity prices after 2015.
After slowing in 2014–2015 to an average of 3.6 percent,
growth reached 10.4 percent in 2016, supported by a recovery
in mining, good agricultural performance, and more reliable
electricity supply. The mining sector accounted for more
than half the growth rate, supported by the expansion of
bauxite and alumina production and increased demand. The
growth momentum is expected to continue with real growth
reaching 5.8 percent in 2018 and averaging approximately 5 ½
percent over the medium term, driven by strong performance
in mining, construction, and scaled-up investments in
infrastructure. Risks to these projections are balanced,
with downside potential from socio-political tensions,
delays in projects and reform implementation, and upside
potential from faster-than-expected mining production
capacity coming on stream. |
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