Bloomberg News

Guinea Raises Investments in Energy, Health in Revised Budget

October 16, 2011

Oct. 16 (Bloomberg) -- Guinea’s National Transitional Council, the country’s legislative body, approved a revised budget for 2011 as the government raised investments in energy, agriculture, security and health.

Spending increased to 10.1 trillion Guinea francs from 8.8 trillion francs, while revenue rose to 6 trillion francs from 5.6 trillion francs in the initial budget approved in May, according to a statement from the council.

To contact the reporter on this story: Ougna Camara in Conakry at ocamara@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net


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