Guinea has estimated the fiscal effort aimed at containing petroleum-product prices at 5,489.7 billion Guinean francs (GNF) in its draft 2026 supplementary budget, presented to lawmakers in Conakry on Saturday, 24 October. The total combines revenue the government is foregoing with a budgetary provision, rather than money already disbursed in full.
In a report published on 25 October, the Ministry of Economy, Finance and Budget said GNF4,576.7 billion represented foregone government revenue, while GNF913 billion had been earmarked as a provision for the fuel-price stabilisation mechanism. The ministry said petroleum-product prices were being held at GNF12,000 per litre.
According to the government, the combined effort is equivalent to nearly 10% of projected tax revenue. The policy is intended to shield households, transport operators and businesses from swings in international oil prices. Most of the stated effort takes the form of revenue the state has chosen not to collect, rather than a cash subsidy already paid.
The ministry also reported GNF44,225.37 billion in cash revenue collected by 15 October 2026, equivalent to 85% of the original full-year forecast. Under the revised proposal, the government projects a budget deficit equal to 2.01% of gross domestic product. These figures are not final results for the year.
Parliamentary scrutiny is continuing. The timetable presented to lawmakers provides for examination of the supplementary budget between 24 October and 7 November 2026, before any final adoption.