| Description |
1 online resource (46 pages) : color illustrations |
| Series |
IMF country report ; no. 16/262 |
|
IMF country report ; no. 16/262.
|
| Contents |
Debt investment and growth in Guinea -- Revenue needs, tax potential and revenue mobilization in Guinea -- Financial development and inclusion in Guinea |
| Summary |
This paper presents the results of the application of the Debt, Investment and Growth model (Buffie et al., 2012) to the case of Guinea. The model application allows simulating the macroeconomic implications on growth, fiscal policy and debt sustainability of scaling-up of investment. A scenario analysis comparing the results under different investment paths is also presented. The results suggest that Guinea stands to benefit substantially from a scaling-up of public investment. Model-based estimates suggest that the GDP per capita benefits from the authorities PIP could stand in the vicinity of 2--4 percent. However, ensuring that the expected growth and poverty reduction gains are realized requires the implementation of an accompanying fiscal strategy to preserve macroeconomic stability. -- The Guinean authorities intend to significantly increase public investments in the coming years in order to boost growth. However, given the limited capacity to raise debt and foreign aid, domestic resource mobilization will be a central part of the growth strategy. What are the financing needs of an infrastructure program capable of lifting Guinea's growth rate? Can authorities meet these needs with additional domestic revenue and if so, to what extent? This note estimates the tax potential of the Guinean economy in order to identify realistic revenue objectives, guide the authorities in their effort to improve the tax system, and finance their growth strategy. -- This paper provides an overview of financial access and inclusion indicators, related causal factors, and both current and possible reform priorities for Guinea |
| Notes |
"July 2016." |
|
"July 8, 2016; prepared by Luisa Charry, Mathilde Perinet, Romain Bouis, Henry Mooney, and Patrick Petit"--Page 2 of pdf |
| Bibliography |
Includes bibliographical references |
| Notes |
Description based on online resource; title from pdf title page (IMF website, viewed September 13, 2016) |
| Subject |
Debts, Public -- Guinea
|
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Taxation -- Guinea
|
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Economic development -- Guinea
|
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Fiscal policy -- Guinea
|
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Financial risk management -- Guinea
|
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Debts, Public
|
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Economic development
|
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Economic policy
|
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Financial risk management
|
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Fiscal policy
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Taxation
|
| SUBJECT |
Guinea -- Economic policy
|
| Subject |
Guinea
|
| Form |
Electronic book
|
| Author |
Perinet, Mathilde, author, (IMF staff)
|
|
Bouis, Romain, author, (IMF staff)
|
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Mooney, Henry, author, (IMF staff)
|
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Petit, Patrick, 1970- author, (IMF staff)
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International Monetary Fund. publisher.
|
| ISBN |
9781475520958 |
|
1475520956 |
|
