Guinea faces challenges in mobilizing resources, attracting investments, and the impact and effectiveness of aid on development especially during the crisis of COVID-19 and the war in Ukraine.
Guinea’s Development Finance Assessment (DFA) identified sources and trends in development finance, their main components, and the extent to which these flows align with national development priorities and the SDGs. This implies the need to establish a map of mobilised and mobilisable financing. This DFA intends to be an analytical contribution to support the implementation of priority reforms and the adoption of an SDG financing strategy as the Government of Guinea aims to establish an operational Integrated National Financing Framework (INFF).
The recommendations of DFA propose areas for reform to improve the financing of the 2021-25 operational plan of the PNDES (Plan National de Développement Economique et Social/National Economic and Social Development Plan) in a context of political transition and diversity of public finances in Guinea.