The Government of Equatorial Guinea (http://bit.ly/2lJ4Mqo) wishes to state that it is obliged to take strict measures to mitigate the effects of a severe economic downturn and forestall political and social instability. Consequently, the Government of Equatorial Guinea will adopt precautionary measures given current economic and financial conditions deriving from the COVID-19 pandemic. Equatorial Guinea, like most countries in the world, is facing an unprecedented economic crisis, the extent of which is still unknown given the uncertainty about the evolution and duration of the pandemic. In the current situation, following the economic crisis, many countries are facing significant political and social pressures that further deepen the crisis. Distributed by APO Group on behalf of Ministry of Finance, Economy and Planning of the Republic of Equatorial Guinea (Malabo).

Source: The Guardian August 19, 2020 08:15 UTC