News on Guinea-Bissau and Sierra Leone
Reuters reports that
some of the world's richest nations and international lenders plan to
give Guinea-Bissau emergency funds so the poor west African country can
pay military salaries and ensure stability before presidential elections
later this year, officials said on Friday.
The Financial Times
writes that the dice will roll for Sierra Leone at a meeting due to be
held in Paris, probably in May, where donors will make their pledges of
aid for the next three years. World Bank and United Nations experts estimate
the country's financing needs over that period at
Sierra Leone has already
reached debt relief agreements with most of its non-commercial creditors.
With foreign assistance providing half of Sierra Leone's national budget,
the country relies heavily on external funds flowing into public sector
projects. Aside from telecommunications