IMF gives assurances it will continue to support Guinea-Bissau

14 October 2015

Guinea-Bissau will continue to benefit from the support of the International Monetary Fund (IMF), the resident representative of the international financial institution said Tuesday at the end of a meeting with the new Prime Minister, Carlos Correia.

“I told the Prime Minister and the Minister of Economy and Finance they can count on the support of the IMF in this new stage of the country,” said Oscar Edgardo Melhado Orellana, who added he had offered his congratulations on the appointment of the new government and told the Prime Minister that the IMF was in Guinea-Bissau to help.

Asked to identify the areas in which the IMF could focus its help, the resident representative said it was up to the Guinean government to draw up its development strategy and point out the country’s needs so the Fund can provide aid.

The audience was held a few hours before the ceremony for the new government to take office. Prime Minister Carlos Correia said at the ceremony that sustainable exploration of Guinea-Bissau’s natural resources was one of his government’s priorities.

Guinea-Bissau had been without a government for exactly two months, after President José Mário Vaz dismissed the previous government led by Domingos Simões Pereira, which led to a political stalemate that has now come to an end. (macauhub/GW)