Guinea

Constitution of Guinea (Arts. 72-77, 116) + Organic Law L/2012/012 + Procurement Decree 2012-085 + RTI Law L/2020/0027/AN

Constitution of the Republic of Guinea (2010 framework, 2020 rev. suspended) Arts. 22, 72-77, 116; Loi organique L/2012/012 relative aux lois de finances (2012); Decret 2012-085 portant Code des marches publics (2012); Loi L/2020/0027/AN portant droit d'acces a l'information publique (2021)

Statute text →

Fiscal Transparency: 49/100 (moderate)
49
out of 100
weak
36 of 37 scored fields populated. Higher = stronger statutory transparency requirements.

Guinea's fiscal transparency framework is grounded in the 2010 Constitution (Arts. 22, 72-77, 116) and Organic Law L/2012/012 -- a standalone PFM statute drafted with IMF and World Bank assistance, not a transposition of the WAEMU Directives governing the other six countries in this batch. Guinea uses the Guinean franc (GNF), not XOF, and its PFM framework is not harmonized to WAEMU Directive standards. The Constitution mandates annual finance law submission by 15 October (Art.75; 77 days before FY end) and a posteriori control by the Chambre des Comptes (Art.116) -- Guinea's SAI, embedded within the Cour Supreme rather than operating as a standalone institution. This structural limitation distinguishes Guinea from all five WAEMU peers and introduces MEDIUM confidence in audit_independent and audit_public fields. The Procurement Code (Decree 2012-085, 2012) establishes open competitive tendering through MEF/DGCMP oversight. Guinea enacted an RTI Law (L/2020/0027/AN, 2021; score 85/150) with CAIP oversight -- correcting the batch prediction 'no RTI' -- but post-coup implementation is unconfirmed (Sanctions & Protections: 2/8). A September 2021 military coup suspended the 2020 Constitution; Transition Charter (February 2022) established the appointed CNT as interim legislature. OBS 2023 debut: T=10/100 (rank 109/125) -- severe statute-practice gap; budget documents not systematically published, no Citizens Budget, near-zero public participation (6/100). CPI 2025: 26/100 (rank 142/182, declining). Score: 49 (top of weak band; statute-as-written; OBS T=10 reflects actual practice). FY: January 1 - December 31. Currency: GNF.

Transparency Requirements

Budget Publicationmax 12 pts

Budget publication required ✓ Yes
Budget published online ✓ Yes
Budget publication timeline 77 days before fiscal year
Machine-readable budget format No
Draft budget required before adoption ✓ Yes

Expenditure Disclosuremax 12 pts

Expenditure disclosure required ✓ Yes
Expenditure granularity department
Public expenditure portal required No
Expenditure reporting frequency quarterly

Independent Auditmax 12 pts

Audit required ✓ Yes
Auditor independent of entity ✓ Yes
Auditor selection method appointed executive
Audit frequency annual
Audit reports public ✓ Yes
Audit scope financial performance

Contract & Procurementmax 10 pts

Public bidding required ✓ Yes
Contract publication required ✓ Yes
Bid award disclosure No
Beneficial ownership disclosure No

Debt & Liability Disclosuremax 10 pts

Debt disclosure required ✓ Yes
Pension liability disclosure No
Contingent liability disclosure No
Voter approval required for new debt No

Fiscal Reporting Frequencymax 10 pts

Interim reporting required ✓ Yes
Interim reporting frequency quarterly
Year-end report deadline
Citizens budget required No

Enforcement & Oversightmax 10 pts

Non-compliance penalties ✓ Yes
Fiscal oversight body No
Whistleblower protections No
Legislative budget office No

Revenue & Tax Transparencymax 8 pts

Tax expenditure reporting No
Revenue forecasting required ✓ Yes
Tax rate publication ✓ Yes
Fee schedule publication No

Compensation & Payrollmax 8 pts

Salary disclosure required No
Salary disclosure scope
Pension benefit disclosure No
Overtime reporting No

Capital & Asset Disclosuremax 8 pts

Capital plan required ✓ Yes
Asset inventory required No
Surplus asset disposal transparency No

← All Guinea fiscal laws  ·  All Fiscal Transparency Laws