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International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff Completes 2023 Article IV Mission to Equatorial Guinea

In the years ahead, the economy is projected to remain in recession with a further continued decline in oil production and a lackluster non-hydrocarbon economy held back by a challenging business environment and weak human capital

An International Monetary Fund (IMF) team, led by Mr. Mesmin Koulet-Vickot, visited Malabo during September 26-October 5 to hold discussions for the 2023 Article IV consultation. At the end of the visit, Mr. Koulet-Vickot issued the following statement: “In 2022, economic indicators registered improvements after a long recession. Real GDP…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff Concludes Visit to Equatorial Guinea

Equatorial Guinea’s economy expanded in 2022 for the first time since 2014, with real GDP growth estimated at 2.2 percent

A team from the International Monetary Fund (IMF), led by Mesmin Koulet-Vickot, conducted a mission during May 29–June 7, 2023, to update macroeconomic projections based on recent developments and take stock of the authorities’ policy vision and priorities. At the end of the visit, Mr. Koulet-Vickot issued the following statement:…

International Monetary Fund (IMF)
Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff Concludes Discussions on Equatorial Guinea

The discussions were focused on the macroeconomic outlook and policies.

An International Monetary Fund (IMF) staff team led by Mariana Colacelli met with the Equatoguinean authorities in Washington, DC, during October 11-15, 2022, to discuss progress on Equatorial Guinea’s economic reform program supported by the extended arrangement under the Extended Fund Facility approved in 2019 and commitments under the 2021 Rapid Financing Instrument.…