The Guinean economy has remained broadly resilient over the COVID-19 pandemic and subsequent periods of domestic political instability and global economic uncertainty. Headline GDP growth was reported by the World Bank at 4.6 per cent for 2020 and 3.1 per cent in 2021, spurred by the strength of the mining sector, which continues to represent a cornerstone of the economy and the main source of foreign exchange revenue.
However, non-mining sectors face a more challenging outlook in a context of significant inflationary pressures on food, fuel and logistics costs. As Guinea continues its transition to civilian rule, minimizing the impact of rising prices on households and vulnerable segments of society must reflect an urgent priority in economic planning.
At this event, Hon. Moussa Cissé, Guinea’s Minister of Finance, will assess Guinea’s economic context and outline key opportunities to deliver sustainable growth and financial stability.
This meeting will be conducted in French and English with simultaneous interpretation.