Guinea-Bissau Resident Representative Site
Resident Representative Office in Guinea-Bissau
This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between Guinea-Bissau and the IMF. Additional information can be found on Guinea-Bissau and IMF country page, including official IMF reports and Executive Board documents in English that deal with Guinea-Bissau.
News and Highlights
The IMF’s African Department is the hub of the institution’s engagement with low-income member countries. Over the past year, 13 new programs were approved under the IMF’s Policy Support Instrument, and Extended Credit Facility, more flexible policies were implemented to allow for flexible financing of infrastructure investment, and policy advice focused on restoring “macroeconomic buffers” that enabled effective policy responses to mitigate the worst of the impact of the 2009 global economic crisis.
With world recovery under way, Africa faces the twin challenges of reviving strong growth and reinforcing resilience to the economic shocks that regularly batter the continent, IMF officials say as Managing Director Dominique Strauss-Kahn embarks on a three-country visit to the region.
Guinea-Bissau and The IMF
Guinea-Bissau: Request for Disbursement Under the Rapid Credit Facility-Staff Report; Press Release; and Statement by the Executive Director for Guinea-Bissau
Press Release: IMF Executive Board Approves US$5.24 million Disbursement Under the Rapid Credit Facility for Guinea-Bissau
Guinea-Bissau -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, September 25, 2014
September 25, 2014
PDF File Size: 257Kb
Press Release: IMF Mission and Guinea-Bissau Reach Staff-level Agreement on Financial Assistance Under The Rapid Credit Facility
Regional Economic Outlook for Sub-Saharan Africa
The October 2014 Regional Economic Outlook: Sub-Saharan Africa anticipates continued strong growth in much of Sub-Saharan Africa, driven by efforts to invest in infrastructure and by strong agricultural production. However, the current Ebola outbreak in Guinea, Liberia, and Sierra Leone is exacting a heavy toll, with spillovers to neighboring countries. In addition, external threats to the region's overall positive outlook include global financial conditions and a slowdown in emerging market growth. Other topics are building resilience in fragile states and addressing the infrastructure deficit.
IMF Opens Africa Training Institute in Mauritius
The International Monetary Fund (IMF) on June 26, 2014 opened the Africa Training Institute (ATI) in Ebene, Mauritius, adding an important regional center to a global network of centers helping to develop countries' policymaking capacity by transferring economic skills and best practices.