Guinea has a Trade Surplus of $4.29B and a low Debt to GDP of 35.5%. Guinea also has poverty at 44% and Informal employment is 96.5%.
The informal sector involves economic activity that is not registered, regulated, or protected by existing legal or regulatory frameworks. In Africa, 85% of the population is engaged in informal labor, making it the region with the largest share of workforce in the informal sector. Sep 11, 2023
Institutional capacities are weak and access to public services is limited. Guinea ranks 182nd out of 189 countries on the Human Development Index 2021; inequality is high, corruption widespread, poverty high (44%) and informal employment predominant (96.5% of jobs).
Guinea has exceptional mineral wealth, yet its people are
amongst the poorest in West Africa. Guinea has a population of 12.6 million
people, and nearly three quarters is
living in poverty, with a lack of education, health, and adequate living
standards.
Guinea is one of the poorest countries in the world, despite having the second-largest bauxite
reserves in the world and the world's highest-grade iron ore, in addition to
substantial diamond and gold resources.
According to civil society organizations, media and political parties, since 5 September 2021 at least 37 people had been killed by defense and security forces during protests. One person was killed in Wonkifong, Kindia region on 16 April during an anti-drugs operation by the security forces.
Guinea also faces inadequate infrastructure, an inefficient bureaucracy, a lack of skilled workers, and political uncertainty. Guinea lacks the infrastructure necessary to support advanced commercial activities, but conditions are improving.
Over the past decade, the security situation in West Africa has become fragile and complex with the interplay of terrorist groups, insurgent camps and criminal networks. Terrorist outfits such as the JNIM, ISGS and Al-Qaida affiliates including the AQIM have increasingly solidified their presence in the region. This has been further exacerbated with the military coups in Mali and Burkina Faso, withdrawal of French anti-terrorism force and the breakdown of the G5 Sahel, amongst other factors.
The US meek approach to
Al-Quida removal continues to hamper Guinea’s stability.
https://www.understandingwar.org/backgrounder/jnim-encroaches-guinea-al-shabaab-hotel-attack
Comments
The government of Guinea needs to deport Al-Quida terror gangs, insurgents and criminal groups and amend their constitution to prevent violent protests and the spread of Al-Quida.
Norb Leahy, Dunwoody GA Tea
Party Leader
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