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: 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)

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Guinea and the IMF

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Regional Economic Outlook 

October 10, 2023

LIGHT ON THE HORIZON?

Still emerging from the COVID-19 pandemic, countries in sub-Saharan Africa have been hit by a sluggish global economy, worldwide inflation, high borrowing costs, and a cost-of-living crisis. In many cases, inflation is still too high, borrowing costs are still elevated, exchange-rate pressures persist, and political instability is an ongoing concern. To ensure that the coming rebound is more than just a transitory glimpse of sunshine, it is important for authorities to guard against a premature relaxation of stabilization policies, while also focusing on reforms to both claw back lost ground from the four-year crisis and also to create new space to address the region’s pressing development needs.


Read the Report

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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

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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.