After two weeks of consultations with the Guinean authorities and the country's main economic and financial stakeholders, International Monetary Fund (IMF) mission chief Izabela Karpowicz praised the strong performance of Guinea's economy, highlighting its sustained growth.
Following a meeting with Prime Minister Amadou Oury Bah, attended by Minister of Economy, Finance and Budget Mariama Ciré Sylla and other senior government officials, she presented the preliminary conclusions of the discussions held with the government, public institutions, and the private sector.
According to Ms. Karpowicz, Guinea's economy appears to be "highly liberal," with solid growth driven by strong economic activity and the investments expected under the Simandou 2040 Vision. She also noted that inflation remains broadly under control.
The discussions also focused on the reforms needed to reach an agreement between the IMF and Guinea on a three-year financing program.
For her part, Mariama Ciré Sylla emphasized that the talks helped identify several priority areas for improvement, particularly the mobilization of domestic revenue and the strengthening of fiscal discipline, in order to support the implementation of the Simandou 2040 program.
She also stated that several strategic sectors were examined in depth, including mining, agriculture, and energy. The government reaffirmed its commitment to pursuing the reforms recommended by the IMF with the aim of finalizing a financing agreement with the international institution.