Jelaskan Ekonomi dari Kudeta Guinea 2021

Semasa pemerintahan Alpha, terjadi peningkatan pembangunan infrastruktur untuk mengekstraksi sumber daya mineral Guinea, terutama untuk bauksit. Negara ini menyetujui beberapa proyek bernilai miliaran dolar dengan perusahaan-perusahaan Tiongkok untuk memanfaatkan cadangan bauksit baru dan mengembangkan kilang aluminium oksida. Guinea memiliki sekitar seperempat dari deposit bauksit dunia. Ekstraksi intan, bijih besi dan bijih emas meningkat, mengikuti investasi dalam infrastruktur kereta api melalui kesepakatan dengan Société Minière de Boké (SMB), sebuah konsorsium swasta perusahaan asing yang beroperasi di Guinea, dengan pemerintah sebagai pemegang saham 10%.

In 2019, the government agreed to the extension of a credit facility with the International Monetary Fund on the basis they would run a fiscal surplus, increase tax collection as a portion of GDP, reduce subsidies for petrol and electricity, increase investment in public infrastructure, reduce borrowing from the central bank and promote development of the private sector. Following recommendations at the United Nation's Third International Conference on Financing for Development in Addis Ababa in October 2019, Condé announced that 15% of mining revenue would be dedicated to the National Agency for the Financing of Local Communities to boost local government, as well as introducing measures to raise tax collection from 13% to 15% of GDP. This programme failed to bring immediate financial benefits for most citizens, with 60% of the labour force still working in the agricultural sector, and the communities around the mines being inadequately compensated for land, water and health losses connected with the mineral extraction.