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.

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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)

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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

May 8, 2018

Domestic Revenue Mobilization and Private Investment

Sub-Saharan Africa is set to enjoy a modest growth uptick, and decisive policies are needed to both reduce vulnerabilities and raise medium-term growth prospects. Average growth in the region is projected to rise from 2.8 percent in 2017 to 3.4 percent in 2018, with growth accelerating in about two-thirds of the countries in the region aided by stronger global growth, higher commodity prices, and improved capital market access. On current policies, average growth in the region is expected to plateau below 4 percent—barely 1 percent in per capita terms—over the medium term. Turning the current recovery into sustained strong growth consistent with the achievement of the SDGs would require policies to both reduce vulnerabilities and raise medium-term growth prospects. Prudent fiscal policy is needed to rein in public debt, while monetary policy must be geared toward ensuring low inflation. Countries should also strengthen revenue mobilization and continue to advance structural reforms to reduce market distortions, shaping an environment that fosters private investment.


Read the Report

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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.