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…

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:…

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.…

Source: International Monetary Fund (IMF) |

Equatorial Guinea Implements the International Monetary Fund’s Enhanced General Data Dissemination System

Making this information easily accessible in both human and machine-readable formats will allow all users to have simultaneous access to timely data and will bring greater data transparency

Equatorial Guinea has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing critical data through the National Summary Data Page (NSDP). The page aims to serve as a one-stop publication vehicle for essential macroeconomic data on the national accounts, government operations and debt, monetary and…

Source: International Monetary Fund (IMF) |

IMF Staff Concludes Visit to the Republic of Equatorial Guinea

Discussions on macroeconomic policies and structural reforms have been productive, with good progress made on the policies and reforms that the country needs to undertake

The country needs to reduce macroeconomic imbalances to more sustainable levels and restore economic growth in order to preserve macroeconomic stability. Discussions on macroeconomic policies and structural reforms have been productive, with good progress made on the policies and reforms that the country needs to undertake. To preserve macroeconomic stability…

Source: International Monetary Fund (IMF) |

Statement by IMF Managing Director Christine Lagarde at the Conclusion of her Meetings with the Heads of States of Central Africa

Ms. Christine Lagarde, Managing Director of the International Monetary fund (IMF), issued the following statement today in Yaoundé after her participation to a Heads of States of Central summit: “Discussions during today’s summit in Yaoundé today have been very fruitful. We discussed the economic impact on the six Central African…

Source: International Monetary Fund (IMF) |

IMF Staff Completes 2016 Discussions with the Central African Economic and Monetary Community on Common Policies for Member Countries

A team from the International Monetary Fund (IMF), led by Mario de Zamaróczy, visited Libreville and Yaoundé during April 25–May 9, 2015 and held discussions with the institutions of the Central African Economic and Monetary Community (CEMAC) on common policies for member countries.[1] At the conclusion of the mission, Mr.…