The International Monetary Fund (IMF) and the government of Guinea-Bissau have reached a staff-level agreement on the measures necessary for the disbursement of an additional $1.6 million (€1.37 million). This latest tranche corresponds to the eleventh review of the credit facility agreement initially established in January 2023, which is scheduled to run through the end of 2026.
An IMF mission, led by Niko Hobdari, conducted discussions in Bissau from April 21 to April 29, 2026, to evaluate the country’s macroeconomic policies. Once the IMF Executive Board grants formal approval, this disbursement will bring the total amount of funds released under the current program to approximately $52.8 million since its inception.
According to the IMF statement, the agreement reflects the Guinean authorities’ strong commitment to prudent macroeconomic policies, fiscal discipline, and structural reforms aimed at preserving stability and fostering inclusive growth.
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The mission team concluded that the country successfully met all program targets for the end of March 2026, including quantitative performance criteria and structural benchmarks.
The IMF also noted that Guinea-Bissau’s economic performance remains resilient. Economic growth for 2025 is estimated at a robust 5.8%, driven primarily by strong agricultural output—specifically in the cashew export sector—and steady private investment. This positive momentum is expected to support the continued implementation of the government’s reform agenda as the program enters its final stages.
