World Bank delegation guarantees support for economic development of Guinea Bissau

25 May 2010

Bissau, Guinea Bissau, 25 May – The World Bank will continue to support the economic development of Guinea Bissau, the head of a mission from the bank said Monday at the start of a two-day visit.

Michael Wormser, the World Bank’s strategy and operations director for Africa, said that the visit aimed to assess the current situation of the World Bank programme in Guinea Bissau and ensure the bank’s continued support.

“We project Guinea Bissau’s economic growth in 2010 to be 5 percent, but we would like it to be higher. We want there to be electricity, for the port to operate better and for there to be more agricultural products being exported in order to serve the country’s economic interests,” he said.

Wormser also said that he had discussed an emergency programme for the electricity sector, with Guinean president, Malam Bacai Sanhá, worth US$12.7 million, with aid from the Economic Community of West African States and the European Union.

The visit from the world Bank mission is due to end Tuesday after visits to the port of Bissau and rice production fields. (macauhub)