Guinea Ecuatorial: La economía, evolución reciente y perspectivas

DOCUMENT OF INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT INTERNATIONAL DEVELOPMENT ASSOCIATION Not For Public Use Report No. AW-37a THE ECONOMY OF THE REPUBLIC OF EQUATORIAL GUINEA RECENT EVOLUTION AND PROSPECTS 4'\ November 27, 1972 Western Africa Region This report was prepared for official use only by the Bank Group. It may n,ot be published, quoted or cited without Bank Group authorization. The Bank Group does not accelot responsibility for the accuracy or completeness of the report.  CONVERSION TABLE EG peseta 1 Spanish peseta 1 As of January 1, 1972: US$ 1 EG pesetas 64.47 EG peseta 1 US$ o.o155 Until December 31, 1971 US$ 1 EG pesetas 70 EG peseta1 : US$ 0.0142857  This report was prepared by Mr. Adhemar Byl, after a mission to Equatorial Gt.inea from August 23 to 28, 1971. essrs. AlRredo Soto and Peter Gyanfi prepared the transport section of the report.  TABLE OF CONTENTS PagerNo. COUN]RY DATA MAP SITIR4-ARY AND CONCLUSIONS ............................. . - ii I. GEOGRAPHY, POPULATION, AND MAIN POLITICAL AND ECONOMIC INDICATORS .................................. 1 A. GeograDhy and Population ....................... 1 B. Tlistory and Political Organization ..................... 2 C. Gross Domesti.c Product ......................... 2 D. Investment ...................................... 3 E. Employment ........................ ........... 5 II. PUBLIC FINANCE ..................................... 5 III. MONEY AN) BAINGMIM............................................. 8 IV. FOREIGN TRADE AND BALANCE OF PAYWENTS ............... 1l V. PROSPECTS AND MAIN PROBLEMS FOR GRO(TT ............... .....11 A. Production ......................... .11 B. Extetnal Assistance and Creditworthiness ....... 12 APPENDIX I: SECTOR DEVELOPMhNTS A. Agriculture 1 B. Forestry 3 C. Fish