Equatorial Guinea

Equatorial Guinea Economic Outlook

  • 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

Contacts

Bureau National du Gabon

Groupe de la Banque africaine de développement
Résidence Saint Georges, Quartier Kalikak
B.P. 4075
Libreville, Gabon

Tél : (241) 01442952 /(241) 01442953
Fax : (241) 01442951

M. Ali Lamine Zeine, Représentant Résident

Mrs. Marlene KANGA, Director Central Africa Region

African Development Bank Group 
Rue Anoma 01 BP 1387 Abidjan 01 (Cote d'Ivoire)
Tel +225 20 26 22 51