This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Guinea and the IMF. Additional information can be found on Guinea and the IMF country page, including official IMF reports and Executive Board documents in English and French that deal with Guinea.
At a Glance
- Current IMF membership: 190 countries
- Guinea joined the Fund in September 28, 1963; Article VIII (obligations of Sections 2, 3,and 4 accepted on November 17, 1995)
- Total Quotas: SDR 214.20 million
- Loans outstanding: RCF loans: SDR 26.78 million; and ECF Arrangements: SDR 152.74 million
- Last Article IV Consultation: The 2021 Article IV consultation staff report was discussed by the Executive Board on June 21, 2021. (Country Report No. 2021/146)
Guinea and the IMF
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Easing Guinea’s Food Insecurity: The IMF’s Food Shock Window
June 20, 2024
IMF emergency financing has supported Guinea’s efforts to cope with the effects of macroeconomic shocks, underpinned by the authorities’ commitment to transparency in the uses of these funds.
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Guinea: Technical Assistance Report-Climate Change and Gender Budgeting
May 24, 2024
Series:Technical Assistance Report No. 2024/046
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May 17, 2024
Series:Technical Assistance Report No. 2024/041
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May 17, 2024
Series:Country Report No. 2024/130
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May 17, 2024
Series:Country Report No. 2024/131
Regional Economic Outlook
April 19, 2024
A Tepid and Pricey RecoveryAfter four turbulent years, the outlook for sub-Saharan Africa is gradually improving. Growth will rise from 3.4 percent in 2023 to 3.8 percent in 2024, with nearly two thirds of countries anticipating higher growth. Economic recovery is expected to continue beyond this year, with growth projections reaching 4.0 percent in 2025. Additionally, inflation has almost halved, public debt ratios have broadly stabilized, and several countries have recently issued Eurobonds, ending a two-year hiatus from international markets. However, not all is favorable and risks to the outlook remain tilted to the downside. The funding squeeze persists as the region’s governments continue to grapple with financing shortages, high borrowing costs, and impending debt repayments. Amid the challenges, sub-Saharan African countries will need additional support from the international community to develop a more inclusive, sustainable, and prosperous future.
Read the Report
Fraudulent Scam Emails Using the Name of the IMF
We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.For more information please see Fraudulent Scam Emails Using the Name of the IMF
Departmental Papers on Africa
The Departmental African Paper Series covers research on sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.