Republic of Equatorial Guinea:2022 Article IV Consultation—Press Release; Staff Report; And Statement By The Executive Director for Republic of Equatorial Guinea

The COVID-19 pandemic in 2020-21, and Bata explosions in 2021, struck oil-exporter Equatorial Guinea at a time when its economic vulnerabilities had already been aggravated by a prolonged period of depressed hydrocarbon prices, and seven consecutive years of decline in real GDP.
READ MORE...
Volume/Issue: Volume 2022 Issue 267
Publication date: August 2022
ISBN: 9798400216718
$20.00
Add to Cart by clicking price of the language and format you'd like to purchase
Available Languages and Formats
English
Spanish
Prices in red indicate formats that are not yet available but are forthcoming.
Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Money and Monetary Policy , International - Economics , Banks and Banking , Exports and Imports , Economics- Macroeconomics , Public Finance , Business and Economics - Statistics , asset declaration , audit report , gradual ease , headline inflation , Equatorial Guinea's NFA , Oil prices , Commercial banks , External sector statistics , Energy subsidies , Global , Africa , Arrears

Also of interest
Grenada
Peru
Nepal
Republic of Congo : 2001 Article IV
Summary

The COVID-19 pandemic in 2020-21, and Bata explosions in 2021, struck oil-exporter Equatorial Guinea at a time when its economic vulnerabilities had already been aggravated by a prolonged period of depressed hydrocarbon prices, and seven consecutive years of decline in real GDP. The economy is slowly emerging from the ravages of the 2020-21 shocks, buoyed by higher international oil prices. However, substantial challenges remain: (i) surging food prices and banking sector vulnerabilities cloud the short term, while (ii) declining hydrocarbon productionand the implied decline in external reservesloom over the medium term, especially in light of lagging governance and diversification reform implementation.

Powered by: AIDC