Guinea is aiming to achieve a growth rate of 7.1% in 2025, according to General Amara Camara, Secretary General of the Presidency of the Republic of Guinea, speaking in Conakry.
The announcement was made during the launch of the review process for Guinea’s self-assessment report on the United Nations Convention against Corruption, in the presence of around fifty participants, including UN experts and officials from the National Anti-Corruption Agency (ANLC), according to media reports.
Camara stated that the government has implemented “bold reforms” to deliver tangible results in improving the living conditions of the Guinean population. He noted that these reforms led to a GDP growth rate of 6.6% in 2024, up from 6.2% in 2023, which is twice the average in the West African sub-region.
“Guinea’s growth will enter double digits starting in 2026, reaching 10.6%, and is expected to climb to 10.8% by 2028,” he said, highlighting that the inflation rate has dropped from double digits to 3%, currently the lowest rate in West Africa.
Regarding the budget deficit, he noted that it has remained around 3% in recent years, while some countries in the region are experiencing deficits close to 7%.
He also pointed out that the national debt level is among the most moderate, remaining below 40%, specifically around 37%.