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Improving Statistics in West and Central Africa: Honorable National Advisors approve a Financing Agreement

24/08/2023
Source : ORISHAS FINANCE
Categories: Sectors

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The Honourable National Councillors unanimously approved, yesterday, Wednesday, August 23, 2023, the financing agreement signed on June 9 between the World Bank and the Republic of Guinea, for an amount of 45 million US dollars. This agreement was signed within the framework of the Regional Project for the Harmonization and Improvement of Statistics in West and Central Africa (HISWACA

).

The loan agreement between the World Bank and the Republic of Guinea is for five years, repayable in 50 years, with a 10-year grace period. In accordance with the provisions of the Conference of Presidents of 10 August 2023, the “Committee on Planning, Financial Affairs and Budgetary Control” was referred in substance, under urgent procedure, to examine the financing agreement

.

This funding will allow the Republic of Guinea to take appropriate decisions for better monitoring of its national commitments (Interim Reference Program, Economic Recovery Plan), and international (ECOWAS Vision 2050, Agenda 2063 of the Union). African) as well as its Sustainable Development Goals, to support its institutional reforms, improve its statistical performance, harmonize and improve the accessibility of its statistical data, concluded the Honourable Fatima Camara

.

noted that the HISWACA project is structured around four major components that extend over a five-year execution period in Guinea.

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