Thursday, september 27th, 2012 equatorial guinea a new. In equatorial guinea today, thanks to the bedrock foundation that the horizon 2020 plan has created, there is potential to consolidate social equity and promote lasting prosperity through indeed the diversification of our sources of economic growth and our greater integration in to the global and continental value chains. Tourism in equatorial guinea ministry of planification, economic development and. The ministry administers and assigns financing for projects and hands them over to segesa for. Horizon 2020 in equatorial guinea was launched in 2007 with the goal of overcoming social and economic challenges in the country. Equatorial guinea cahf centre for affordable housing. Equatorial guinea 23 are provisional taxes required. Equatorial guinea launches educational program as part of. It is composed of a mainland, rio muni, and small islands including bioko where the capital malabo is located, annobon, corisco, elobey, and others. Between 80% and 90% of equatorial guinean nationals who go to spain do not return. The horizon 2020 plan, adopted in 2007 during the second national economic conference, aims to make equatorial guinea an emerging economy in the horizon 2020, through a series of actions concentrated in two phases 20082012, 20 2020 and that encompassed four axes of transformation. To mark the 50th anniversary of equatorial guinea s independence the ascl library has compiled a web dossier on equatorial guinea.
It is one of the smallest countries in africa consisting of a small mainland area and five small inhabited islands. Equatorial guinea is the eighthlargest crude oil reserve holder in subsaharan africa, with 1. The government of equatorial guinea has signaled a desire to improve transparency and. Education is one of the priorities outlined in equatorial guinea s horizon 2020 development plan, which was set in motion by president obiang to move the country toward a. This page provides the latest reported value for equatorial guinea corruption index. Location of equatorial guinea equatorial guinea is a country in central africa nestled in the gulf of africa, with a populaton of 1,222. Vice minister of economy, planning, and public investment.
The conference, entitled equatorial guinea 2020 agenda for the diversification of the sources of growth. Analysis of the horizon 2020 agenda guinea ecuatorial. The document was subsequently revised, and this final. The dossier consists of selected titles from the ascl library catalogue, published from 2008, extended with sources available through the ubl catalogue. Egs strategic plan horizon 2020 social assistance in africa data. Titles link to the corresponding record in the online catalogue, which provides additional details. Equatorial guinea international migrant stock by age and sex 1990 2000 20 male female total male female total male female total 04 105 153 258 8 202 340 285 369 654 59 76 1 189 96 153 249 206 297 503 1014 56 82 8 86 142 228 223 295 518. Support to the chamber of peoples representatives of equatorial guinea status. The initial phase aims to produce a framework for economic development that would foster development for future. National economic development of equatorial guinea in horizon 2020.
The government of equatorial guinea is seeking to diversify the economy away from a reliance on crude oil. Teodoro nguema obiang mangue, vice president of equatorial guinea, said that his country always trusted the united nations despite some attempts to monopolize the. The taxtogdp ratio in equatorial guinea decreased by 0. It is concluded that equatorial guinea is negatively affected by the natural resource curse. We are following the progress made with the ambitious horizon 2020 plan. Equatorial guinea scored 16 points out of 100 on the 2019 corruption perceptions index reported by transparency international. Equatorial guinea corruption index 20052019 data 2020. In 2016, approximately 7% of the population was over 65 years of age, with another 55% of the population under 15 years of age. Interparliamentary union technical cooperation programme. Analysis of the equatorial guinea horizon 2020 agenda. Gabriel mbaga obiang lima, minister of mines, industry and energy, republic of equatorial guinea. The government views the migration levels as satisfactory.
Calculated and paid by the employer every month with an annual regularization at yearend. The ambitious development plan horizon 2020 is transforming equatorial guinea into a new geoeconomical gateway for africa. From the second national economic conference raised a national plan for economic and social. The institutional framework for the power sector in equatorial guinea has a vertical structure.
In english only, for now adolescent fertility rate births per 1,000 women ages 1519. The horizon 2020 plan has endowed equatorial guinea with modern infrastructures that, along with political stability and privileged geographical positioning, makes our country the perfect landing. The ministry of industry and energy defines the strategy for the power company guided by the governments horizon 2020 diversification plan. Riaba fertilizers will increase equatorial guinea s industrial and human capacity and boost. Horizon 2020, the countrys longterm development strategy.
Documentary on the infrastructure and other development in equatorial guinea. Development profile equatorial guinea is situated in west africa with gabon and cameroon as its neighbouring countries. The net migration for equatorial guinea in 1999 was zero. Equatorial guinea country programme document 202017. Equatorial guinea expels illegal immigrants voice of. The government approved a longterm development plan the national economic development plan. National economic development of equatorial guinea in horizon. Cesar is the secretary of state for the national economic development plan. This important seminar, organized by the national agency of equatorial guinea horizon 2020, in collaboration with the ministry of economy, planning and public investments, had as its main objective to analyze the aspects of productivity in various sectors of the country before 2020.
The undp research programme, support for promotion of youth employment, aims to support an evidencebased approach to education and labour policy explicitly within the ministry of youth and sports. Discover through this documentary the progress equatorial guinea has made during the first phase of the development plan horizon 2020 and which are the new challenges the african country is facing. Power projects central to horizon 2020 national plan. Equatorial guinea is the 98th largest export economy in the world. The population of equatorial guinea in 2017 was estimated by the cia at 778,358, which placed it at number 164 in population among the 193 nations of the world. Its been argued that malaysian prime minister mahathir bin mohamads challenge to the people of his country in 1991, to work together to further industrialize and selfsustain the nation by seeking improvements in all aspects of citizenry life, such as economic prosperity, social wellbeing, achieving a high scholastic level and enhancing political stability, a plan he called wawasan 2020. Refugee population, end of yearmain origin main nationalities in 2005 origin 1996 1997 1998 1999 2000 2001. Equatorial guinea has very weak institutions and suffers from symptoms of dutch disease, but that the country so far has managed to avoid the debt burden related to the volatility of oil prices. Equatorial guinea created 31012005 updated 23022005 project details title. In 2007, equatorial guinea s president obiang issued a decree banning the hunting and consumption of all primates, but the ban was only effective for a short time.
It limits the north with cameroon, gabon on the south and the gulf of guinea, with more maritme extension, which is of 320. The influx of foreign investment powered an economic boom,with the subsequent horizon 2020 development plan enabling vast infrastructure projects to be planned and delivered. However, migration to spain is a traditional and ongoing occurrence. Equatorial guineas secretary of state cesar mbah abogo on. To download a pdf version of the full 2019 equatorial guinea country profile, click here equatorial guinea is composed of a mainland, rio muni, and small islands, including bioko where the capital malabo is located, annobon, corisco, elobey and others. Diagnosis and strategy lines, looked into guidelines to evaluate the country s enormous, still unexploitedpotentialand to diversify the national economy, mainly by developing the fishing industry, tourism and financial services. The second phase will focus on economic diversification, targeting. Disempowered voices natural resource governance institute. The horizon 2020 development plan, financed through the social development fund, seeks to create sustainable development through building infrastructure and improving healthcare and education. Interparliamentary union technical cooperation programme project profile. Monitoring development progress of equatorial guinea. In comparison, the average for the 26 african countries in revenue statistics in africa 2019 remained at 17.
National economic development of equatorial guinea in horizon 2020,report, seoulkorea development institute,knowledge sharing. There were approximately 1,000 migrants in equatorial guinea in 2000. The first phase of horizon 2020 focused on infrastructure development was concluded in 2012. Initially, 24 months 2003 2005 extended until 31072007.
Page 2 page 3 page 4 equatorial guinea the atlantics new. Equatorial guinea opens new school in mongomo as part of. Equatorial guinea country programme document 202017 the draft country programme document for equatorial guinea eicef2012pl. The initiative is divided into two phases beginning in 2008 and ending in 2020.
The plan has the dual objectives of accelerating poverty reduction and creating the basis for equatorial guinea to become a modern emerging economy by 2020. Fl 2020 sets out the main measures adopted by the state to promote development objectives as well as integrate the reforms initiated by mutual agreement with the international monetary fund. Every month within 15 days of each month 25 if yes, what are the penalties for non compliance. Physical infrastructure development is a central goal of horizon 2020, and investment in roadways, bridges, public build. Horizon 2020, the mediumterm strategy that seeks to reduce poverty and diversify the economy of equatorial guinea. Indeed, equatorial guinea is a founding member of the ace consortium, and the new fiber optic connection represents a quantum leap in the countrys communications. Equatorial guinea, also referred to as eqg, is the only former spanish colony in subsaharan africa. There were 98 males for every 100 females in the country.
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