Equatorial Guinea: Staff Report for the 2003 Article IV Consultation

December 9, 2003

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Equatorial Guinea: Staff Report for the 2003 Article IV Consultation, (USA: International Monetary Fund, 2003) accessed November 21, 2024

Summary

The discussions for the 2003 Article IV Consultation with Equatorial Guinea were conducted in Malabo and Bata. Executive Directors expressed concern about the continued weakness in economic policy performance, macroeconomic management, and governance. The authorities agreed that Equatorial Guinea's medium-term economic outlook was favorable, provided that sound economic management was put in place and maintained. The macroeconomic stability needed to be complemented by a number of structural reforms to foster non-oil growth. The recently established government-owned oil company (GEPETROL) has initiated some operations.

Subject: Central banks, Commodities, Credit, Economic sectors, Money, Oil, Oil sector, Oil, gas and mining taxes, Reserve assets, Taxes

Keywords: CR, Credit, Gas and mining taxes, Government, Government deposit, Government management, IMF staff representative, Increase in capital capital outlay, ISCR, Oil, Oil company GEPetrol, Oil sector, Reserve assets, Staff appraisal, Sub-Saharan Africa

Publication Details

Pages:

49
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/385
Stock No:

1GNQEA0012003
ISBN:

9781451815924
ISSN:

1934-7685

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