Guinea first review under the three-year arrangement under the Extended Credit Facility, financing assurances review, request for a waiver of nonobservance of a performance criterion and request for modification of performance criteria -- staff report ; informational annex ; press release on the Executive Board discussion ; and statement by the Executive Director for Guinea.

Guinea is making good progress in recovering from a long period of social unrest and military rule. Macroeconomic imbalances have been reduced, major structural reforms are under way, and long-neglected infrastructure is being rebuilt. However, the political transition process is still incomplete, w...

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