This is the second edition of the Economic Update for Equatorial Guinea. This World Bank report presents recent economic developments in Equatorial Guinea, the medium-term economic outlook and risks as well as structural challenges (
- Chapter 1), followed by a detailed exploration of a specific topic (
- Chapter 2). This edition focuses on fiscal instruments for sustainable forestry, examining the current socio-economic context of forest policy in Equatorial Guinea. In particular, it discusses the role and current use of forest-related fiscal instruments, and proposes options and trade-offs in the design of forest related fiscal policy reforms to adequately capture resource rents, promote forest based value-addition and employment, mitigate deforestation and forest degradation. The objectives of the Equatorial Guinea Economic Update are to: (i) strengthen the analytical underpinnings of the policy dialogue
and (ii) contribute to an informed debate on policy options to enhance macroeconomic management and development outcomes.