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International Monetary Fund
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
International Monetary Fund
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country.
International Monetary Fund

-96 12. Central Government Revenue, 1991-96 13. Central Government Expenditure, 1991-96 14. Central Government Current Primary Expenditure by Agency, 1994-96 15. Sectoral Distribution of Public Investment Program Outlays, 1994-June 1996 16. Civil Service Employment and Developments Under the Voluntary Departure Program, 1992-96 17. Status of Public Enterprise Reform, End-December 1996 18. Monetary Survey, 1990-96 19. Summary Accounts of the Central Bank of Guinea-Bissau, 1990-96 20. Summary Accounts of the Commercial Banking System, 1990-96 21

International Monetary Fund

Central Bank of Guinea-Bissau, 1992-98 19. Summary Accounts of the Commercial Banking System, 1992-98 20. Interest Rates and Required Reserve Ratios for Commercial Banks, 1992-99 21. Balance of Payments, 1992-98 22. Trade and Exchange Rate Indicators, 1992-98 23. Merchandise Exports, f.o.b., 1992-98 24. Merchandise Imports, c.i.f., 1992-98 (In millions of U.S. dollars) 25. Direction of Trade, 1992-98 (In percent of total) 26. Services and Income, 1992-98 (In millions of U.S. dollars) 27. External Grant Disbursements, 1992-98 (In millions of U. S

International Monetary Fund

. Manufacturing Production in Major Industries, 1990-94 8. Electricity and Water Production, 1990-94 9. Consumer Price Indices, 1990-April 1995 10. Central Government Operations, 1990-94 11. Central Government Revenue, 1990-94 12. Central Government Expenditure, 1990-94 13. Civil Service Employment and Developments Under the Voluntary Departure Program, December 1992-June 1995 14. Status of Public Enterprise Reform, June 1995 15. Monetary Survey, 1990-March 1995 16. Summary Accounts of the Central Bank of Guinea-Bissau, 1990-March 1995 17. Summary Accounts

International Monetary Fund

Guinea-Bissau (BCGB). 1/ During 1994, the treasury assumed all of the central bank’s medium- and long-term liabilities to official creditors (PG 110 billion), and the central bank reclassified its remaining (commercial) medium- and long-term liabilities (PG 85 billion) as short-term. Table 19. Guinea-Bissau: Summary Accounts of the Central Bank of Guinea-Bissau, 1990-96 (In billions of Guinea-Bissau pesos; end of period) 1990 1991 1992 1993 1994 1995 1996 Prel. Net foreign assets -15.2 -72.6 -83.0 -208

International Monetary Fund
This report describes recent economic and financial developments in Guinea–Bissau, focusing on 1994 and early 1995, and provides statistical coverage from 1990. In 1994, the rate of growth of aggregate economic output exceeded that of the population, the pace of consumer price inflation abated to historic low, and both the fiscal and external current account positions showed further improvement. At end-1994, the economic and financial situation of Guinea–Bissau remained characterized by large domestic and external imbalances, as well as by a heavy burden of external debt service obligations.
International Monetary Fund

-Bissau’s banking system consists of the Central Bank of Guinea-Bissau (BCGB) and two private commercial banks—the Banco Internacional da Guiné-Bissau (BIGB), established in 1990, and an agency in Bissau of the Portuguese bank Banco Totta & Açores (BTA), established in 1992. A third bank, Banco de Crédito Nacional (BCN), was set up as a public commercial bank in March 1990 mainly to monitor the recovery of the medium-term portfolio of the former Banco Nacional, which was closed in mid-1991 and subjected to a liquidation process. The BCN liquidation committee ceased its operations

International Monetary Fund

rate of inflation declined to about 1 percent per month in the last quarter of the year. Over the whole year, the rate of inflation was 66 percent. Inflation fell sharply in 1997 to 16 percent on an end-year basis, with the price level declining in the last four months of the year. Guinea-Bissau joined the WAEMU, effective May 2, 1997, with its currency exchanged at PG 65 per CFA franc, close to the one prevailing in the month of December 1996. The currency conversion was carried out in the three-month period May-July 1997. The Central Bank of Guinea-Bissau was

International Monetary Fund

, Guinea-Bissau joined the West African Monetary Union (WAMU) zone, and the Guinea-Bissau pesos were converted into CFA Franc at an exchange rate of CFAF 1 = PG 65. 2/ Central Bank of Guinea-Bissau (BCGB). 3/ In 1997 and 1998, also includes external debt under renegotiation. 4/ Current expenditure, excluding scheduled external interest payments. Table 11. Guinea-Bissau: Central Government Revenue, 1992-98 1992 1993 1994 1995 1996 1997 1998 (In billions of Guinea-Bissau pesos) (In millions of CFA