This web page provides information on the activities of the IMF office in Equatorial Guinea, views of the IMF staff, and the relations between Equatorial Guinea and the IMF. Additional information can be found on the Equatorial Guinea and IMF country page, including official IMF reports and Executive Board documents.

Republic of Equatorial Guinea and the IMF

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At A Glance

  • Equatorial Guinea joined the Fund in December 22, 1969
  • Total Quotas (SDR): 157.5 million
  • Outstanding Purchases and Loans (SDR): 76.54 million (as of September 30, 2023)
  • Article IV/ Country Report: August 2022

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Office Activities

  • Resident Representative Presentation in Malabo Youth Center (Presentation in Spanish)

    The IMF Resident Representative Office in Equatorial Guinea gave a presentation to explain IMF’s mandate and role, as well as the activities implemented, and programs agreed with the Government since 2018. The event brought together more than 30 young people who showed interest in the work of the IMF. This event was organized with other UN agencies in the country to celebrate the United Nations Day.

    October 26, 2023

  • Resident Representative presentation on the role of the IMF in the country and its mandate. (Presentation in Spanish)

    The IMF Resident Representative Office in Equatorial Guinea presented to government’s officials on the role of the IMF in the country and its mandate. This presentation aimed at showing activities implemented by the IMF in Equatorial Guinea and the programs agreed with the Government since 2018, focusing on the 2019 EFF Program explaining its main specifications, main structural reforms, and fiscal adjustments; as well as the importance of the Resident Representative Office in the country. After the presentation, most of the questions focused on the EFF Program implementation status and outcomes. The seminar was organized by the Ministry of Foreign Affairs to disseminate the work and importance of multilateralism and international organizations to national; in addition, to explaining the work and mandate of each organization. All UN institutions were also invited.

    June 13, 2023

  • REO Launch Presentation for Equatorial Guinea

    Presentation in Spanish

    November 11, 2019

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GNQ and IMF

More

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Regional Economic Outlook

April 19, 2024

A Tepid and Pricey Recovery

After four turbulent years, the outlook for sub-Saharan Africa is gradually improving. Growth will rise from 3.4 percent in 2023 to 3.8 percent in 2024, with nearly two thirds of countries anticipating higher growth. Economic recovery is expected to continue beyond this year, with growth projections reaching 4.0 percent in 2025. Additionally, inflation has almost halved, public debt ratios have broadly stabilized, and several countries have recently issued Eurobonds, ending a two-year hiatus from international markets. However, not all is favorable and risks to the outlook remain tilted to the downside. The funding squeeze persists as the region’s governments continue to grapple with financing shortages, high borrowing costs, and impending debt repayments. Amid the challenges, sub-Saharan African countries will need additional support from the international community to develop a more inclusive, sustainable, and prosperous future.
Read the Report

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Departmental Papers on Africa

Africa Departmental Papers Cover The Departmental African Paper Series covers research on sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.

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Fraudulent Scam Emails

We would like to bring to the notice of the general public that several variants of financial scam letters purporting to be sanctioned by the International Monetary Fund (IMF) or authored by high ranking IMF officials are currently in circulation, and may appear on official letterhead containing the IMF logo. The scam letters instruct potential victims to contact the IMF for issuance of a “Certificate of International Capital Transfer” or other forms of approval, to enable them receives large sums of monies as beneficiaries. The contact e-mail information is always BOGUS and unsuspecting individuals are then requested to send their personal banking details which the scammers utilize for their fraudulent activities.
For more information please see Fraudulent Scam Emails Using the Name of the IMF