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Guinea Bissau
IMF Executive Board Approves US$33.3 Million Arrangement Under the Extended Credit Facility and Additional US$1.5 Million in Interim HIPC Assistance for Guinea-Bissau
Press Release No. 10/185
May 7, 2010 - The Executive Board of the International Monetary Fund (IMF) today approved a three-year Extended Credit Facility (ECF) arrangement in an amount equivalent SDR 22.365 million (US$33.3 million) to support Guinea Bissau’s medium-term economic program. The Executive Board also approved the second tranche of interim assistance under the Heavily Indebted Poor Countries (HIPC) Initiative of SDR 1.016 million (US$1.5 million).
IMF Concludes Staff Visit to Guinea-Bissau
Press Release No. 10/158
19 April 2010 -- An International Monetary Fund (IMF) mission led by Mr. Paulo Drummond visited Guinea-Bissau during April 15-18, 2010. The mission met with President Malam Bacaí Sanhá, Prime Minister Carlos Gomes Junior, President of the National Assembly Raimundo Pereira, Minister of Finance José Mario Vaz, Minister of Economy Helena Embaló, as well as development partners.
At the conclusion of the visit, the mission issued the following statement on April 18, 2010:
“In January, an IMF mission reached preliminary agreement on a macroeconomic and structural reform program for 2010-2012 for which the government is seeking support from the IMF under the Extended Credit Facility (ECF)”.1
IMF Mission Reaches Preliminary Agreement on ECF1 Arrangement for Guinea-Bissau
Press Release No. 10/18
January 28, 2010
An International Monetary Fund (IMF) mission led by Mr. Paulo Drummond visited Bissau during January 12-27, 2010, to discuss the government’s medium-term economic program that could be supported by the IMF under the Extended Credit Facility (ECF). The mission met with President Bacai Sanha, Prime Minister Carlos Domingos Gomes, the Minister of Finance, Jose Mario Vaz, other ministers, the Director of the Banque Centrale des Etats de l’Afrique de l’Ouest, Joao Fadia, as well as representatives of the private sector, civil society, and the donor community.
At the conclusion of the visit, the mission issued the following statement:
