There were 237 press releases posted in the last 24 hours and 454,549 in the last 365 days.

Republic of Equatorial Guinea : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Director for the Republic of Equatorial Guinea

Summary: Equatorial Guinea is facing difficult circumstances, as the oil price shock severely complicates the effort to transform the economy. Although the authorities have embarked on fiscal adjustment, the decline of the non-resource primary balance has fallen short of what is needed to avoid a rapid deterioration in debt levels and fiscal buffers.