Guinea Outlook for 2015-17 | glObserver Global Economics

The country (Guinea) is situated in Western Africa, contiguous the North Atlantic Ocean, between Guinea-Bissau and Sierra Leone. It has borders with Ivory Coast for 610km, Guinea-Bissau for 386km, Liberia for 563km, Mali for 858km, Sierra Leone for 652km and Senegal for 330km.

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Increase in Guinea’s gross domestic product (GDP) shrank from 2.3% in 2013 to a miserly 0.6% in 2014 due to the consequences of the Ebola epidemic, delays in the implementation of structural reforms and electricity shortages. Assuming that the epidemic is brought under control in the initial six months of 2015, increase should reach 0.9% in 2015 and 4.3% in 2016 thanks to increased public investment , increased mining and a better electricity supply.

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Author: globserver

Director of Eyecom china

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