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Guinea – Bissau is one of the poorest countries of the world. The country has minerals such as Bauxite and phosphates and known reserves of petroleum.
82% of the people are employed in agricultural sector. Cashew is the main crop and Guinea – Bissau ranks 6 th in cashew production in the world.
What the country needs most is peace. The civil war has done that much damage to the national economy. Off shore oil reserves may be able to bring in much needed funds once peace returns to the country wins the confidence from foreign financial institutions and aid donor nations.
Contentious Issues
Troubles with Senegalese separatists at the border. Senegalese rebels cause a lot of illegal activities at the border preventing legal trade. |
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In 1994, 20 years after independence from Portugal, the country's first multiparty legislative and presidential elections were held
Area: 36,125 sq km (13,948 sq miles).
Population: 1,285,715 (official estimate 2000).
Population Density: 35.6 per sq km.
Capital: Bissau. Population: 197,610 (1991). |
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