It’s small and easy to navigate, too, with a few lively bars and restaurants serving up a traditional slice of local life.
The World Bank's projects and operations are designed to support low-income and middle-income countries' poverty reduction strategies.
Cashew crops have increased remarkably in recent years.
Guinea-Bissau exports fish and seafood along with small amounts of peanuts, palm kernels, and timber. However, intermittent fighting between Senegalese-backed government troops and a military junta destroyed much of the country's infrastructure and caused widespread damage to the economy in 1998; the civil war led to a 28% drop in GDP that year, with partial recovery in 1999-2002.
Though better known for its military coups and government crises, Guinea-Bissau’s swashbuckling charm, faded grandeur and stunning natural assets prove some things are above politics.
Sandwiched between Senegal and Guinea, this diminutive nation has a decidedly Latin vibe and is one of the few African countries to celebrate Carnival.
In December 2003, the World Bank, IMF, and U NDP were forced to step in to provide emergency budgetary support in the amount of 7 million for 2004, representing over 80% of the total national budget.
The combination of limited economic prospects, a weak and faction-ridden government, and favorable geography have made this West African country a way station for drugs bound for Europe.