Guinea-Bissau 2015

Guinea Bissau Capital City

Yearbook 2015

Guinea Bissau. According to COUNTRYAAH, Bissau is the capital of Guinea-Bissau which is located in Western Africa. Cooperation difficulties between President José Mário Vaz and Prime Minister Domingos Simões Pereira led to a prolonged government crisis during the year. In June, the prime minister was put before a vote of confidence in Parliament in which he received massive support from the members. In August, however, Vaz disbanded the government, which he accused of corruption and nepotism. Instead of Simões Pereira, the president appointed former Minister of Defense Baciro Djá as head of government. The week before the appointment, Djá had been excluded from Parliament’s largest party PAIGC (African Independence Party for Guinea-Bissau and Cape Verde), which both Vaz and Simões Pereira also represent. In early September, however, Djá resigned after the Supreme Court declared that his appointment was contrary to the Constitution.

After Vaz asked PAIGC to submit a proposal for a new head of government, in September Carlos Correia was appointed prime minister, a position held by Correia on three previous occasions in 1991–2009. Vaz refused to approve the government that Correia presented in October with the argument that it was too large, but also because too many of the ministers were in Simões Pereira’s government. In the government approved later in the month, there were also two small parties with a few mandates represented in the National Assembly.

In March, the EU resumed all cooperation with Guinea-Bissau, including direct financial support. This had been withheld since the military revolt in the country in 2010. The EU’s decision to resume cooperation was made after the 2014 elections, which were considered free and credible.

Economy

Inflation rate 1.10%
Unemployment rate
Gross domestic product (GDP) $ 3,171,000,000
GDP growth rate 5.90%
GDP per capita 1,900 USD
GDP by sector
Agriculture 50.00%
Industry 13.10%
Service 36.90%
State budget
Revenue k. A.
Expenditure k. A.
Proportion of the population below the national poverty line
Distribution of household income
Top 10% 28
Lower 10% 2.9
Industrial production growth rate 0.70%
Investment volume
National debt 53.90% of GDP
Foreign exchange reserves
Tourism 2007
Visitors 30,000
Revenue $ 17,400,000

Guinea Bissau Capital City