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.
Guinea: 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 107.10 Million
- Loans outstanding: RCF loans: SDR 26.78 million; and ECF Arrangements: SDR 92.3 million
- Last Article IV Consultation: The 2011 Article IV consultation staff report was discussed by the Executive Board on February 24, 2012 (Country Report No. 12/63, March 26, 2012)
- IMF Response to The Ebola Crisis
News and Highlights
Frequently Asked Questions on the Catastrophe Containment and Relief Trust
February 5, 2015
A Newsletter of the IMF on Low-income countries; November 2012
November 7, 2012
The global financial crisis is expected to have a major impact on low-income countries(LICs), especially in sub Saharan Africa—and urgent action is required by LIC policymakers and the international community.
March 1, 2009
IMF Managing Director Dominique Strauss-Kahn says Africa will not be spared the consequences of the global crisis and that the significant gains many countries have made in recent years in the fight against poverty are now at risk.
February 20, 2009
A Commentary by Dominique Strauss-Khan, Managing Director, International Monetary Fund.
February 10, 2009
Guinea and the IMF
June 13, 2016
Author/Editor: Christine Dieterich ; Anni Huang ; Alun H. Thomas
Series: Working Paper No. 16/118
June 8, 2016
Author/Editor: Dalia Hakura ; Mumtaz Hussain ; Monique Newiak ; Vimal Thakoor ; Fan Yang
Series: Working Paper No. 16/111
May 5, 2016
Guinea : Sixth and Seventh Reviews under the Extended Credit Facility Arrangement, Financing Assurances Review, and Requests for Waivers of Nonobservance of Performance Criteria, Extension of the Arrangement, and Rephasing of Disbursements-Press Release; Staff Report; and Statement by the Executive Director for Guinea
April 4, 2016
Series: Country Report No. 16/95
March 31, 2016
Subject: Article IV consultations | Venezuela | Argentina | Eritrea | Syria | Central African Republic | Guinea | Libya | Executive Board discussion postponement | Notification of delay | Financial system stability assessment
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.
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.