Republic of Equatorial Guinea: Staff Report 2006 Article IV Consultation

June 21, 2006

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Republic of Equatorial Guinea: Staff Report 2006 Article IV Consultation, (USA: International Monetary Fund, 2006) accessed November 22, 2024

Summary

Equatorial Guinea’s macroeconomic performance in the recent period has been broadly satisfactory. Despite the macroeconomic environment, however, progress in alleviating poverty and meeting the MDGs has been slow. Executive Directors welcome the government’s intention to prepare a National Poverty Reduction Strategy. In the meantime, the budget process needs to be modified. The pegged exchange rate regime has served Equatorial Guinea well, providing an anchor to hold down inflation and a positive influence on investors’ confidence. The data provided by Equatorial Guinea are broadly adequate for surveillance.

Subject: Commodities, External debt, Oil, Oil prices, Oil, gas and mining taxes, Prices, Public debt, Taxes

Keywords: Africa, Authorities' NPRS, Authority, CR, Current account, Equatoguinean, Gas and mining taxes, GDP, Global, Guide government policy, Information campaign, ISCR, My Equatoguinean authorities, Oil, Oil prices, Standard of living, Sub-Saharan Africa

Publication Details

Pages:

59
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/233
Stock No:

1GNQEA2006001
ISBN:

9781451815979
ISSN:

1934-7685

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