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.
At a Glance
- Current IMF membership: 189 countries
- Guinea-Bissau joined the Fund in March 24, 1977
- Total Quotas: SDR 14.20 Million (As of June 30, 2007)
- Loans outstanding: PRGF Arrangements SDR 4.26 Million
- Last Article IV Consultation: The 2010 Article IV consultation staff report was discussed by the Executive Board on May 7, 2010 (Country Report No. 15/194, July 21, 2015)
IMF's Work on Guinea-Bissau
October 8, 2016
September 26, 2016
September 14, 2016
Author/Editor: Montfort Mlachila ; Ahmat Jidoud ; Monique Newiak ; Bozena Radzewicz-Bak ; Misa Takebe
Series: African Departmental Paper No.16/5
August 24, 2016
Author/Editor: Tetsuya Konuki ; Mauricio Villafuerte
July 14, 2016
Regional Economic Outlook
After an extended period of strong economic growth, many sub-Saharan African countries have been hit by a multiple of shocks—the sharp decline in commodity prices, tighter financing conditions, and a severe drought in southern and eastern Africa. Growth fell in 2015 to its lowest level in some 15 years and is expected to slow further to 3 percent in 2016. The growth performance, however, differs across countries, with most oil importers faring reasonably well. The region’s medium-term prospects remain favorable but many countries urgently need to reset their policies to reinvigorate growth and realize this potential. To this end, countries should adjust fiscal policies, and for those outside monetary unions, exchange rate flexibility, as part of a wider policy package, should also generally be part of the first line of defense. In the medium term, policies targeted at diversification and financial sector development could also strengthen resilience and boost growth.
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.
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.