Guinean central bank benefits from reform programme – IMF staff

Bank has improved internal systems and lowered financing of government, staff report says

IMF logo
Photo: Flickr/freeimage4life

The central bank of Guinea has been strengthened over the last few months by institutional reforms and a reduction in its financing of government programmes, an International Monetary Fund staff report says.

But IMF staff stress the bank needs further reforms and larger foreign exchange reserves, and the Guinean government should not go back to relying on it for funding.

In July 2017, the IMF demanded the government of the West African republic sharply reduce its dependence on monetary

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.