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.

Back to Top

At A Glance

  • Current IMF membership: 189 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 2011 Article IV consultation staff report was discussed by the Executive Board on July 22, 2016 (Country Report No. 16/261)

Back to Top

Office Activities

  • Regional Economic Reports: Sub-Saharan Africa

    Presentation by José Sulemane, Resident Representative for Guinea, at Koffi Annan University (09/12/2017) and Sonfonia University (11/25/2017) (in French).

    November 25, 2017

  • Presentation about IMF Programs and Activities

    Included in the Media and Civil Society Training Workshop, by José Sulemane, Resident Representative for Guinea, in Collaboration with the Association guinéenne pour la transparence (AGT), April 15, 2017 (in French).

    April 15, 2017

More

October 11, 2018

Capital Flows and The Future of Work

The macroeconomic outlook for sub-Saharan Africa continues to strengthen. Growth is expected to increase from 2.7 percent in 2017 to 3.1 percent in 2018, reflecting domestic policy adjustments and a supportive external environment, including continued steady growth in the global economy, higher commodity prices, and accommodative external financing conditions. While fiscal imbalances are being contained in many countries, the adjustment has typically occurred through a combination of higher commodity revenues and sharp cuts in capital spending, with little progress on domestic revenue mobilization. Over the medium term, and on current policies, growth is expected to accelerate to about 4 percent, too low to absorb the likely flow of new entrants into labor markets. The outlook is surrounded by significant downside risks, particularly considering the elevated policy uncertainty in the global economy. Shielding the recovery and raising medium-term growth would require reducing debt vulnerabilities and creating fiscal space through more progress on domestic revenue mobilization, and policies to achieve strong sustainable and inclusive growth.


Read the Report

Back to Top

Departmental Papers on Africa

Africa Departmental Papers Cover 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.