Republic of Equatorial Guinea : 2007 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statements by the Executive Director and Authorities of the Republic of Equatorial Guinea

Author/Editor:

International Monetary Fund

Publication Date:

May 14, 2008

Electronic Access:

Free Full Text (PDF file size is 648 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Equatorial Guinea has recorded one of Africa’s fastest growth rates, as its petroleum industry has expanded and strengthened the country’s economic and fiscal sustainability. Executive Directors endorsed the National Development Plan to enhance productivity and achieve the MDGs. Directors stressed the need for strong macroeconomic policies and structural measures in safeguarding competitiveness and supported the adoption of a fiscal policy guided by a reduction in the non-oil primary fiscal deficit. They welcomed the creation of a Social Needs Fund and a national Financial Stability Assessment Program (FSAP) to complement the findings of the regional FSAP.

Series:

Country Report No. 08/156

Subject:

Frequency:

Monthly

English

Publication Date:

May 14, 2008

ISBN/ISSN:

9781451815993/1934-7685

Stock No:

1GNQEA2008001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

63

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