Guinea’s ongoing banking liquidity crisis is taking a heavy toll on citizens and the national economy. For months, bank customers have struggled to withdraw personal funds, often receiving only a fraction of their requested amounts. Many report being limited to two to five million Guinean francs when asking for ten million.

In response, the Central Bank of the Republic of Guinea and the Professional Association of Banks convened a meeting in Conakry this week. The discussions aimed to address the worsening shortage of cash in circulation and its impact on public trust in the financial system.

Prime Minister Bah Oury acknowledged the severity of the crisis and announced the adoption of corrective measures. Meanwhile, Central Bank Governor Karamo Kaba revealed that new banknotes will be printed and distributed nationwide between August and October 2025.

The announcement has given many Guineans hope that the shortage will ease in the coming months. Citizens expect that restoring access to their funds will help stabilize daily life and support the recovery of economic activity across the country.