President John Mahama and chair of ECOWAS has assured Guinea Bissau of economic and financial assistance from the sub region.

 The president said consultations for the support from member states have already started.

He gave the assurance in a response to an appeal by Guinea Bissau’s president elect, Juan Mario Vaz when the two met at the Peduase Lodge.

Guinea Bissau which has been plagued with series of coup d'etats returned to democracy with the election into office of its former finance minister Juan Mario Vaz.

At the Peduase Lodge, the president elect told President John Mahama, the country has been thrown into an economic crisis which is even threatening to affect a smooth organisation of his inaugural ceremony.

President John Mahama said an international donor conference will be held in October to address the issue.

In the interim however, the president said he is personally seeking support from other sources for the troubled West African country.

The former Portuguese Colony had been under  a transitional government since 2012 .The country is now ranked one of the poorest on the continent.