Guinea Bissau: Trade union association requests credit line to increase rice production

2 May 2008

Bissau, Guinea Bissau, 2 May – The Guinea Bissau trade union association plans to make a proposal to the government to obtain a credit line from the International Monetary Fund (IMF) to encourage the growth of rice production, according to a statement issued Wednesday in Bissau.

In the statement, issued on 1 May (Labour Day), the National Union of Workers of Guinea Bissau (UNTG) said that the proposed measure is “necessary and urgent to ensure peace and stability in the country,” and respond to the serious Works food crisis caused by the rise in price fo grains and fuel.

According to the UNTG, this measure is needed to “minimise the suffering of Guinean workers,” after the government, led by Martinho N’Dafa Cabi decided to raise the price of main products, namely rice and fuel.

The United Nations Tuesday announced the creation of a crisis cell to respond to global problems caused by price rises and asked the international community for US$755 million for urgent food aid.

In order to respond to the price hikes of food products, the Economic Community of West African States and the African Union have called extraordinary meetings in May. (macauhub)