Despite difficult external and domestic circumstances, economic growth has been resilient in Guinea-Bissau and macroeconomic performance has improved in recent years. Directors commended the authorities for the implementation of their 2009 economic program, supported by the Emergency Post-Conflict Assistance provided by the Fund, and welcomed the medium-term program of economic reforms aimed at accelerating growth and reducing poverty. To help ensure the successful implementation of the program and the full engagement of donors, Directors stressed the importance of political stability, effective governance, and strong commitment to reform.