Republic of Equatorial Guinea: 2012 Article IV Consultation

Republic of Equatorial Guinea: 2012 Article IV Consultation

4.11 - 1251 ratings - Source

This 2012 Article IV Consultation highlights Equatorial Guineaa€™s economic developments and policies. The IMF report focuses on setting priorities that include strengthening fiscal institutions, developing public services, and enhancing governance to push the economic growth. The hydrocarbon sector has continued to be the main driver of the economy, accounting for about three-quarters of estimated GDP. It suggests that a commitment to regular publication and international quality standards would stimulate long-delayed improvements. The prospect of falling hydrocarbon revenues adds urgency to the case for a medium-term fiscal framework.Fiscal targets are currently met through quarterly reviews of the budget and subsequent adjustments when needed. Targeting expenditure on priority sectors, including public service provision, poverty reduction initiatives will be improved. On the revenue side, efforts will continue towards the broadening of the tax base and revenue collection, including better ... their efforts to strengthen capacity in the fiscal sector with assistance from the Fund, the World Bank and the African Union.

Title:Republic of Equatorial Guinea: 2012 Article IV Consultation
Author: International Monetary Fund
Publisher:International Monetary Fund - 2013-03-28

You must register with us as either a Registered User before you can Download this Book. You'll be greeted by a simple sign-up page.

Once you have finished the sign-up process, you will be redirected to your download Book page.

How it works:
  • 1. Register a free 1 month Trial Account.
  • 2. Download as many books as you like (Personal use)
  • 3. Cancel the membership at any time if not satisfied.

Click button below to register and download Ebook
Privacy Policy | Contact | DMCA