Guinea: 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Guinea

Summary: The economy is recovering from the effects of the Ebola epidemic but is facing severe headwinds from the decline in commodity prices. The authorities’ economic strategy for 2016–22 rests on large investments in electricity, transport, and agriculture, and aims at unlocking shared and broad-based growth. GDP per capita is expected to grow by 1½ percent on average per year during the next five years, after remaining broadly stagnant over the last five years.

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