Guinea- Bissau:Technical Assistance Report-Enhancing Governance and the Anti-Corruption Framework: Next Steps

Author: International Monetary Fund. Fiscal Affairs Dept.

Technical Assistance Report-Enhancing Governance and the Anti-Corruption Framework: Next Steps

Volume/Issue: Volume 2020 Issue 214

Publication date: June 2020

ISBN: 9781513548890

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Topics covered in this book

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Public Finance , ISCR , CR , asset declaration regime , consolidated financial statement , DGA authorities , regime Geral das Infracções Tributárias , business activity , employee compensation amount , expenditure execution , wage bill , tax system , private sector , Geral das Isenções , annual budget , tax collection , government budget , organizational chart , bill management , tax authorities , Corruption , Anti-money laundering and combating the financing of terrorism (AML/CFT) , Budget planning and preparation , West Africa

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Summary

Political instability has limited the development of Guinea-Bissau’s institutional capacity. For example, tensions between the President and the leadership of the country’s largest political party led to six changes of government between the 2014 and 2019 parliamentary elections. Previous IMF capacity development reports, ECF program reviews staff reports, and other diagnosis undertaken by the World Bank and the European Union have pointed to structural governance weaknesses and proposed corrective measures, in some cases, similar to those highlighted in this report. Regrettably, traction has been limited.