Arab Today, arab today guinea targets doubledigit economic growth by 2020
Last Updated : GMT 12:48:35
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Guinea targets double-digit economic growth by 2020

Arab Today, arab today

Arab Today, arab today Guinea targets double-digit economic growth by 2020

Guinea's Prime Minister Mamady Youla
Conakry - XINHUA

Guinea's Prime Minister Mamady Youla told Parliament on Wednesday that the country was targeting a double-digit economic growth by 2020.

Youla said the target was achievable with the return of investors in key sectors such as mining.

"This growth which will start in the short-term, 2017-2021, will be achieved through the revival and transformation of the Guinean economy, after two years of recession due to the Ebola epidemic," Youla said.

According to Youla, President Alpha Conde had been forming a government of technocrats, mostly from the private sector, who, he said, could help accelerate the country's socioeconomic transformation.

Youla himself is from the private sector where he led a large bauxite mining project.

Guinea, which suffered a deadly Ebola outbreak in 2014, recorded a 0.2 percent growth in 2015, official data shows.

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