- GDP fell by 10.2% in 2015 due to the drop in oil prices, and according to the latest forecasts it will contract by 8% in 2016.
- The government, aware of financial imbalances, took major steps in May 2015 to reduce public investment by half and make drastic cuts in government operating costs.
- Equatorial Guinea’s strong dependence on petroleum has enabled it to use oil revenues to carry out structural changes over the last 15 years and implement a housing policy for new homes and better access to water and electricity
Bureau National du Gabon
Groupe de la Banque africaine de développement
Résidence Saint Georges, Quartier Kalikak
Tél : (241) 01442952 /(241) 01442953
Fax : (241) 01442951
M. Ali Lamine Zeine, Représentant Résident