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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Economic Growth in Sub-Saharan Africa Could Permanently Decline if Geopolitical Tensions Escalate
May 1, 2023
Countries will need to build resilience to manage the inevitable shifts in trade and foreign direct investment.
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Mining Revenues and Inclusive Development in Guinea
April 29, 2023
Author/Editor:Alejandro Badel | Rachel Fredman Lyngaas
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Inflation and Monetary Policy in a Low-Income and Fragile State: The Case of Guinea
April 21, 2023
Author/Editor:Yan Carriere-Swallow | Nelnan Fidèle Koumtingué | Sebastian Weber
Series:Working Paper No. 2023/084 -
January 24, 2023
Series:Country Report No. 2023/043
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December 22, 2022
IMF Executive Board Approves US$71 Million in Emergency Financing Support and Concludes 2022 Article IV Consultation with Guinea
Regional Economic Outlook
April 14, 2023
Growth in sub-Saharan Africa will decline to 3.6 percent this year. Amid a global slowdown, activity is expected to decelerate for a second year in a row. Still, this headline figure masks significant variation across the region. The funding squeeze will also impact the region’s longer-term outlook. A shortage of funding may force countries to reduce resources for critical development sectors like health, education, and infrastructure, weakening the region’s growth potential.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.