The government must find a major strategic plan in order to bail out the coffers of the State and increase internal resources, the economic situation of the country remains extremely difficult, according to Bah Ouep.

In 2020, the Guinean government did not resort to international electoral financing for the three polls, arguing that it was able to finance its elections without external assistance. To this end, printing money was used to finance the elections. Consequences, they have increased the indebtedness of the Treasury vis-à-vis the Central Bank by nearly 5 billion dollars, only during the year 2020., he explains.

According to him, if Guinea persists in wanting to raise taxes, instead of making additional revenue, it will suffer a spiral of crisis, which will lead the unions to demand wage increases.

The Guinean franc regularly loses its value against the currency. Inflation fluctuates between 12 and 13%. As a result, the purchasing power of households plummets. While, on May 31, the Governor of the Central Bank, Dr Lounceny Nabé, declared that the national currency “is doing well… there is a chance that it will do better and better”, he continues.

Fiscal policy is also much more "deficient, because instead of trying to increase the tax base, we are satisfied, as on a cash crop, with two or three sources of revenue, saying in any case, if we have problems, we will increase the price of fuel. And automatically, we would have what it takes. However, what prevailed forty years ago no longer carries weight today, he said.