Guinean President Mamadi Doumbouya chaired a strategic meeting with representatives of the country’s private sector on Monday, aimed at strengthening dialogue between the state and key economic stakeholders.
A few weeks after his inauguration, the head of state underscored the central role of the private sector in driving growth and wealth creation. He reaffirmed the government’s commitment to fostering a healthy business climate based on balanced, responsible and sustainable cooperation between the state and private actors, with a view to building trust, encouraging investment and enhancing the competitiveness of Guinean businesses.
Ahead of the upcoming Ramadan and the Christian Lenten period, President Doumbouya called on economic operators to lower the prices of basic consumer goods in order to ease the burden on households. In this context, concrete measures have been introduced, including the suspension of demurrage charges until March 31, 2026, and the opening of the Port of Conakry on a 24/7 basis to ensure smooth operations and steady availability of goods.
The president also stressed the promotion of local production as a national priority, aimed at strengthening food self-sufficiency, reducing dependence on imports and stimulating the domestic economy.
The meeting featured a question-and-answer session during which private sector representatives raised concerns, notably over the proliferation of joint ministerial decrees, the management of storage warehouses and obstacles to competitiveness. Ministers responsible for agriculture, industry and trade, along with the Secretary General of the Presidency, provided technical clarifications in support of the president’s policy directions.
In closing, President Doumbouya announced that no joint ministerial decree would henceforth be signed without his approval, a move intended to ensure policy coherence, strengthen economic governance and safeguard business competitiveness.
The meeting marks a significant step in state–private sector dialogue and reflects the president’s determination to build an inclusive, efficient and resilient economy focused on growth, job creation and improved living conditions for Guinea’s population.
RNK/sf/lb/as/APA