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2005-2009-Guinea-Country Strategy Paper

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2005-2009-Guinea-Country Strategy Paper AFRICAN DEVELOPPEMENT BANK AFRICAN DEVELOPMENT FUND REPUBLIC OF GUINEA RESULTS-BASED COUNTRY STRATEGY PAPER 2005-2009 COUNTRY OPERATIONS DEPARTMENT (WEST REGION) July 2005 Table of Contents CURRENCY EQUIVALENTS ................................................................................................................................................................................................................i FISCAL YEAR...........................................................................................................................................................................................................................................i ACRONYMS AND ABBREVIATIONS .................................................................................................................................................................................................i EXECUTIVE SUMMARY ......................................................................................................................................................................................................................ii I. INTRODUCTION.................................................................................................................................................................................................................................1 II. COUNTRY CONTEXT ......................................................................................................................................................................................................................2 2.1 Political context...................................................................................................................................................................................................................................2 2.2 Macro economic-and-Structural Conttext.Issues............................................................................................................................................................................3 2.3 Sectoral context activities...................................................................................................................................................................................................................7 2.4 Priority crosscutting issues ................................................................................................................................................................................................................8 2.5 Poverty Social Context and Issues .................................................................................................................................................................................................16 2.6 Medium-term economic outlook and external environment........................................................................................................................................................18 2.7 Private Sector Business Climate and Issues...................................................................................................................................................................................21 III. NATIONAL DEVELOPMENT AGENDA AND MEDIUM-TERM PROSPECTS ................................................................................................................22 3.1 Key Elements of the Government Development Agenda .............................................................................................................................................................22 3.2 Assessment of Implementation Progress of the he Poverty Reduction Strategy .......................................................................................................................24 3.3 Partnership Framework...................................................................................................................................................................................................................26 3.4 Challenges and risks .........................................................................................................................................................................................................................27 IV. BANK GROUP ASSISTANCE IN GUINEA................................................................................................................................................................................28 4.1 Country context and strategic selectivity ......................................................................................................................................................................................28 4.2 Portfolio Management and Lessons from Previous CSP..............................................................................................................................................................29 4.3 RBCSP results framework...............................................................................................................................................................................................................30 4.4 Bank Group strategy: RBCSP pillars and focal areas .................................................................................................................................................................34 4.5 Regional dimensions of Bank Group assistance ............................................................................................................................................................................37 4.6 Bank Group assistance.....................................................................................................................................................................................................................37 4.7 Partnership and harmonization ......................................................................................................................................................................................................39 5. RESULTS-BASED MONITORING AND EVALUATION...........................................................................................................................................................40 5.1 Monitoring of RBCSP Outcomes and Bank Group Performance ............................................................................................................................................40 5.2 Managing Risks.................................................................................................................................................................................................................................40 5.3 Country Dialogue Issues...................................................................................................................................................................................................................40 6. CONCLUSION AND RECOMMENDATIONS .............................................................................................................................................................................41 6.1 Conclusion .........................................................................................................................................................................................................................................41 6.2 Recommendations.............................................................................................................................................................................................................................41 This document was prepared following a mission to Conakry from 1 to 15 February 2005 by 2473), Aboubacar FALL, Principal Legal Adviser, GECL (Ext. 3554), Mamady SOUARE, Senior Transport Engineer, OCIN (Ext. 3622) Ms. Ann DAO SOW, Senior Education Officer, OCSD (Ext. 3422) and Ms. Sara FORYT, Financial Analyst Messrs. Samba BA, Senior Economist, OCCW.2 (Mission Leader, Ext. 3467), Bruno BOEDTS, Principal Agronomist, OCAR (Ext., OCSD. Mr. Etienne Judicaël PORGO, Division Manager, OCSD.2 (Extension 2563), who led a parallel appraisal mission for a basic education support project, also contributed to the preparation of this document. The Division Manager in charge is Mr. Ahmed ZEJLY (Extension 2127), who is also Acting Director of OCCW. Annexes 1. Administrative map of Guinea 2. Bank Group operations 3 Comparative socio-economic indicators 4. Indicators retained for PRSP monitoring 5. Macroeconomic indicators 6. National accounts (current prices) 7. National accounts (constant prices) 8. Public finance 9. Monetary Survey 10. Balance of Payments 11. Balance of payments: projections 12. External Financing Requirements and Sources 13. Prospects for attainment of the Millennium Development Goals Boxes 1. Key Features of the Country 2. Poverty Characteristics 3. Donor interventions by sector 4. Consultation process for Guinea’s RBCSP 2005-2009 Figures Figure 1 : Bank Group strategy for Guinea Tables Table 1 : Summary of key elements in the Government program Table 2 : Matrix of thematic results Table 3 : Results-based-framework of Guinea’s RBCSP 2005-2009 Table 4 : Guinea – Benchmarks and Actions for Improving Country Performance CURRENCY EQUIVALENTS (July 2005) Currency unit = Guinean Franc (GNF) UA 1 = GNF 2932.05 UA 1 = US $ 1.53199 UA 1 = Euro 1.15561 FISCAL YEAR 1st January – 31st December ACRONYMS AND ABBREVIATIONS ABEDA Arab Bank for Economic Development
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