Following a protracted period of political and social instability, Guinea is now emerging from decades of isolation and military rule, with transparent elections and a new constitution put in place in 2010. However, the economic situation remains fragile, with escalating levels of poverty a serious problem.
To address this, the government has adopted the Third National Poverty Reduction Strategy Paper 2013-2015, which identifies PFM reform as a key element in ensuring better governance. In line with this strategy, we are supporting the Government's efforts to improve economic and financial governance by providing institutional support to the Ministry of Economy and Finance (MEF), both in terms of capacity strengthening and in the preparation of a long- and medium-term economic and financial sector policy.
We are building capacity in the coordination, piloting, implementation and monitoring and evaluation of the PFM Strategic Plan and its application tools (rolling action plan, capacity building plan, performance assessment framework) within the MEF as well as the Programme Monitoring Technical Unit. More broadly, we are strengthening the Programme Monitoring Technical Unit to enable it to support reform implementation structures. Key to the success of the reform will be effective communications, and to this end we will prepare and implement a communication strategy. Lastly, recognising that embedding the reforms within Guinean institutions is the only way to ensure their sustainability, a training programme for MEF officials will be developed and implemented.