Guinea-Bissau to vote on constitution expanding presidential powers

Guinea-Bissau is set to hold a referendum on August 30, where voters will decide on a new constitution that would grant the president more authority. This proposed change in the country's governing structure could have significant implications for the nation's politics and stability. If the referendum passes, it could lead to a more centralized government, potentially affecting Guinea-Bissau's economic and trade relationships with other countries.

Why it matters

The referendum on the constitution could lead to changes in the country's political landscape, but its impact on the markets is uncertain. The outcome of the referendum and the general elections will be closely watched by investors.

Market impact

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