United States. Central Intelligence Agency

Summary

United States. Central Intelligence Agency CIA World Fact Book, 2004 — Guinea-Bissau (2004)

The tightening of monetary policy and the development of the private sector had also begun to reinvigorate the economy. Because of high costs, the development of petroleum, phosphate, and other mineral resources is not a near-term prospect. However, unexploited offshore oil reserves could provide much-needed revenue in the long run. The inequality of income distribution is one of the most extreme in the world. The government and international donors continue to work out plans to forward economic development from a lamentably low base.
Source: Wikisource

United States. Central Intelligence Agency CIA World Fact Book, 2004 — Guinea-Bissau (2004)

In February 2000, an interim government turned over power when opposition leader Kumba YALA took office following two rounds of transparent presidential elections. YALA was ousted in a bloodless coup in September 2003, and Henrique ROSA was sworn in as President. Guinea-Bissau's transition back to democracy will be complicated by its crippled economy, devastated in the civil war.
Source: Wikisource

United States. Central Intelligence Agency CIA World Fact Book, 2004 — Guinea-Bissau (2004)

Since independence from Portugal in 1974, Guinea-Bissau has experienced considerable upheaval. The founding government consisted of a single party system and command economy. In 1980, a military coup established Joao VIEIRA as president and a path to a market economy and multiparty system was implemented. A number of coup attempts through the 1980s and early 1990s failed to unseat him and in 1994 he was elected president in the country's first free elections. A military coup attempt and civil war in 1998 eventually led to VIERA's ouster in 1999.
Source: Wikisource

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