Republic of Equatorial Guinea : Staff Report 2006 Article IV Consultation

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Republic of Equatorial Guinea : Staff Report 2006 Article IV Consultation
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Volume/Issue:
2006/233
Series:
IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
June 2006
DOI:
http://dx.doi.org/10.5089/9781451815979.002
ISBN:
9781451815979
ISSN:
1934-7685
Page:
59
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.

IMF Executive Board Concludes Article IV Consultation with Equatorial Guinea

Author(s):
International Monetary Fund
Published Date:
June 2006
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