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Guinea-Bissau - Combined Results - Based Country Strategy Paper 2005-2010 Completion Report and Portfolio Performance Review 2010

25-May-2011

Guinea-Bissau is a fragile State barely emerged from a conflict and characterized, from 1999 to 2008, by chronic political instability with frequent changes in government (fourteen in succession) and one military coup (2003). Elections held end-2008 and largely won by the PAIGC Party (67 seats out of 100) raised hopes of the dawn of a new era of stability, especially with a government of pro-reform technocrats. The poverty reduction strategy and reforms were again placed on the agenda with support from the international community. However, in March 2009, the President and the Army Chief of Staff were assassinated, followed in February by a military coup that ushered in new military leaders, suspected of being under the influence of drug traffickers. The new military leaders are clearly hostile to the Prime Minister. The political situation remains tense but unchanged for the time being, and the government enjoys the support of the Guinea civil society, regional organizations (ECOWAS and WAEMU) and the international community. It is in this difficult internal climate that the government continued implementing reforms and reached the completion point of the enhanced HIPC Initiative mid-December 2010, fulfilling 12 of the 13 conditionalities/1 .

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