Republic of Equatorial Guinea: Third Review under the Staff-Monitored Program-Press Release; and Staff Report

Republic of Equatorial Guinea: Third Review under the Staff-Monitored Program-Press Release; and Staff Report
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Volume/Issue: Volume 2026 Issue 028
Publication date: February 2026
ISBN: 9798229037976
$20.00
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Summary

The return to a secular decline in hydrocarbon production after a brief respite during the 2022 energy boom is again straining fiscal and external accounts. Boosting non-hydrocarbon growth is key to delivering a diversified, inclusive and balanced economy. Fund Management approved a 12-month extension of the Staff Monitored Program (SMP) in June 2024 to establish the reform track record required for a potential IMF financing arrangement.