{"id":441796,"date":"2011-06-15T13:17:49","date_gmt":"2011-06-15T13:17:49","guid":{"rendered":"http:\/\/www.ghanamma.net\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/"},"modified":"2011-06-15T13:17:49","modified_gmt":"2011-06-15T13:17:49","slug":"imf-concludes-staff-visit-to-nation","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/","title":{"rendered":"IMF Concludes Staff Visit to Nation"},"content":{"rendered":"<div readability=\"45.9056820796\">\n<hr class=\"thin clear\" \/>\n<hr class=\"thin clear\" \/>\n<p><a href=\"http:\/\/www.imf.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">International Monetary Fund<\/a> (Washington,\u00a0DC)<\/p>\n<p>15 June 2011<\/p>\n<hr class=\"thin clear\" \/>\n<p>press release<\/p>\n<p>An International Monetary Fund (IMF) mission led by Mr. Paulo Drummond visited Bissau June 6\u201310, 2011. The mission met with President Malam Baca\u00ed Sanh\u00e1, Prime Minister Carlos Gomes Junior, Minister of Finance Jos\u00e9 Mario Vaz, Minister of Public Services Fernando Gomes, other government ministers and representatives of the private sector, the donor community, and other development partners.<\/p>\n<p>At the conclusion of the visit, the mission issued the following statement:<\/p>\n<p>\u201cThe near term economic growth outlook remains generally positive. The economy is benefitting from a good cashew harvest and high prices for cashew exports, and real GDP growth is projected at 4.3 percent in 2011. Although prices for imported fuel and food have risen, core inflation remained subdued, and headline inflation should come back within the West African Economic and Monetary Union (WAEMU) target range in 2012 once the one-off effect of rising import prices subsides.<\/p>\n<p>\u201cPerformance under the Fund-supported program has been broadly satisfactory, and economic reforms have advanced as expected. Strong fiscal revenues should help the government restore its investments and other priority spending while keeping domestic financing of the budget within agreed limits. In the second half of the year, it will be critical that the authorities contain spending within available resources and sustain efforts to raise government\u2019s own revenue.<\/p>\n<p>\u201cThe authorities are advancing in completing the remaining debt relief process. Following the recent agreement with Paris Club creditors, the authorities are moving to finalize the relevant bilateral agreements and reaching out to non-Paris Club creditors seeking comparable treatment.<\/p>\n<p>\u201cAn IMF mission will return to Bissau later in the year to evaluate performance under the ECF through the first half of the year and to agree with the authorities on the budget and other macroeconomic policies for 2012. Mr. Alfredo Torrez, the new IMF Resident Representative in Guinea-Bissau, will ensure our continued presence on the ground.<\/p>\n<p>\u201cThe IMF Executive Board completed on May 24 the second review under Guinea-Bissau\u2019s Extended Credit Facility (ECF)1 arrangement. The Board&#8217;s decision enabled the authorities to draw an additional SDR 2.414 million (about US$ 3.85 million), bringing total disbursements under the arrangement to an amount equivalent to SDR 12.709 million (about US$ 20.27 million).\u201d<\/p>\n<p><\/p>\n<fieldset>\n<legend align=\"center\"><strong>More News on allAfrica.com<\/strong><\/legend>\n<\/fieldset>\n<p>AllAfrica &#8211; All the Time<\/p>\n<hr \/>\n<\/div>\n<\/p>\n<p>More:<br \/>\n<a target=\"_blank\" href=\"http:\/\/allafrica.com\/stories\/201106151125.html\" title=\"IMF Concludes Staff Visit to Nation\" rel=\"noopener noreferrer\">IMF Concludes Staff Visit to Nation<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> International Monetary Fund (Washington,\u00a0DC) 15 June 2011 press release An International Monetary Fund (IMF) mission led by Mr. Paulo Drummond visited Bissau June 6\u201310, 2011. <\/p>\n","protected":false},"author":0,"featured_media":435457,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":{"0":"post-441796","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-local-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>IMF Concludes Staff Visit to Nation - Ghanamma.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"IMF Concludes Staff Visit to Nation - Ghanamma.com\" \/>\n<meta name=\"twitter:description\" content=\"International Monetary Fund (Washington,\u00a0DC) 15 June 2011 press release An International Monetary Fund (IMF) mission led by Mr. Paulo Drummond visited Bissau June 6\u201310, 2011.\" \/>\n<meta name=\"twitter:creator\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:site\" content=\"@ghanamma\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"IMF Concludes Staff Visit to Nation\",\"datePublished\":\"2011-06-15T13:17:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/\"},\"wordCount\":384,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/#primaryimage\"},\"thumbnailUrl\":\"\",\"articleSection\":[\"Local News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/\",\"name\":\"IMF Concludes Staff Visit to Nation - Ghanamma.com\",\"isPartOf\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/#primaryimage\"},\"thumbnailUrl\":\"\",\"datePublished\":\"2011-06-15T13:17:49+00:00\",\"author\":{\"@id\":\"\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/#primaryimage\",\"url\":\"\",\"contentUrl\":\"\"},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ghanamma.com\/2011\/#website\",\"url\":\"https:\/\/www.ghanamma.com\/2011\/\",\"name\":\"Ghanamma.com\",\"description\":\"News In Ghana - Latest Ghana News Headlines\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"IMF Concludes Staff Visit to Nation - Ghanamma.com","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/","twitter_card":"summary_large_image","twitter_title":"IMF Concludes Staff Visit to Nation - Ghanamma.com","twitter_description":"International Monetary Fund (Washington,\u00a0DC) 15 June 2011 press release An International Monetary Fund (IMF) mission led by Mr. Paulo Drummond visited Bissau June 6\u201310, 2011.","twitter_creator":"@ghanamma","twitter_site":"@ghanamma","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/#article","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/"},"author":{"name":"","@id":""},"headline":"IMF Concludes Staff Visit to Nation","datePublished":"2011-06-15T13:17:49+00:00","mainEntityOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/"},"wordCount":384,"commentCount":0,"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/#primaryimage"},"thumbnailUrl":"","articleSection":["Local News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/","url":"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/","name":"IMF Concludes Staff Visit to Nation - Ghanamma.com","isPartOf":{"@id":"https:\/\/www.ghanamma.com\/2011\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/#primaryimage"},"image":{"@id":"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/#primaryimage"},"thumbnailUrl":"","datePublished":"2011-06-15T13:17:49+00:00","author":{"@id":""},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ghanamma.com\/2011\/06\/15\/imf-concludes-staff-visit-to-nation\/#primaryimage","url":"","contentUrl":""},{"@type":"WebSite","@id":"https:\/\/www.ghanamma.com\/2011\/#website","url":"https:\/\/www.ghanamma.com\/2011\/","name":"Ghanamma.com","description":"News In Ghana - Latest Ghana News Headlines","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ghanamma.com\/2011\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/441796","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/comments?post=441796"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/441796\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/posts\/435457"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/media?parent=441796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/categories?post=441796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2011\/wp-json\/wp\/v2\/tags?post=441796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}