ADB delegation in Guinea Bissau to assess projects and support the government

26 January 2010

Bissau, Guinea Bissau, 26 Jan – A delegation of the African Development Bank (ADB) Monday began a three-day visit to Guinea Bissau for contacts with the authorities and to evaluate projects funded by the bank, a government source said.

According to the source from the Ministry for the Economy and Regional Integration, the ADB delegation, headed by the director for West African operations, Frank Perrault, Monday began meetings with the Guinean authorities.

At the end of one of the meetings, Perrault said that the ADB would maintain and boost its support for Guinea Bissau and that it would send a technical team to support the Finance Ministry in drawing up a post-conflict aid programme to be signed with the International Monetary Fund (IMF).

The ADB official also noted that the bank was in Bissau to look into the country’s financial needs and thus “decide on the type of aid with which to provide Guinea Bissau.”

After the European Union, the ADB is the multilateral partner that provides most financial aid to Guinea Bissau, with projects in the area of construction of the country’s first fishing port, refurbishment of Guinea Bissau’s main hospital, construction and repair of schools, boosting the skills of government staff and direct budgetary aid. (macauhub)