Off the wire
• Yiwu-Madrid train line boosts China, Europe trade  • World's longest insect discovered in China  • Myanmar president to pay a goodwill visit to Laos  • Police gun down eight militants in east Pakistan  • Sri Lankan president to visit Britain, India  • China opposes U.S. report on religious freedom  • China-Arab research institute established in NW China  • China strengthens management of hospitals and treatments  • Guangdong police bust major drug smuggling case  • 110 fall ill after eating at funeral function in eastern India  
You are here: 　 Home

Guinea targets double-digit economic growth by 2020: PM

Xinhua, May 5, 2016 Adjust font size:

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. Endit