Equatorial guinea: Staff Report for the 2005 Article IV Consultation

International Monetary Fund

No 2005/150, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2005 Article IV Consultation highlights that monetary development in the Republic of Equatorial Guinea continues to be dominated by fiscal policy. Fiscal outcome was marked by an increase in the fiscal surplus in 2004 compared with 2003 on account of a stronger-than-expected revenue performance owing to higher oil prices and increase in hydrocarbon production that was partly offset by a substantial increase in capital expenditure. Important progress has also been made with regard to transparency and accountability of oil-related revenues and public finance.

Keywords: ISCR; CR; authority; Equato Guinean authority; appreciation; surplus; authorities' effort; authorities in collaboration; petroleum sector revenue; tax authority; U.S. dollar; Oil; gas and mining taxes; Capital spending; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 51
Date: 2005-05-06
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=18237 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2005/150

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().