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Equatorial Guinea's Government Resigns Over Poor Performance
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Equatorial Guinea's Government Resigns Over Poor Performance

En resumen

  • Equatorial Guinea's government has resigned after failing to meet nearly 90% of its targets, with Vice President Nguema Obiang citing a lack of results and rampant corruption.
  • President Teodoro Obiang Nguema Mbasogo expressed dissatisfaction with the government's failure to diversify the economy and misuse of state resources.

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Por qué importa

Equatorial Guinea's government has resigned due to perceived failures in achieving targets, including rampant corruption and a lack of economic diversification. The country's economy heavily relies on oil, with poverty remaining widespread despite its oil wealth.

Tamaño de fuente

Obiang, who is also the son of President Teodoro Obiang Nguema Mbasogo, said the prime minister had presented the resignation of all members of the government because it had barely reached 10% of its targets.

He did not specify the targets but a statement by the ruling party said the president had observed that the government fostered corruption and failed to diversify the economy.

President Obiang is the world's longest-serving leader who has ruled the oil-rich West African country since 1979 with a strong grip, while naming family members to key government roles.

On Tuesday, the vice-president said the resignation was in line with "the principle that responsibility in public management must be accompanied by results".

"The degree of execution achieved is clearly insufficient in relation to the expectations and commitments undertaken," he posted on X.

In a statement on Facebook, the ruling Democratic ‌Party ⁠of Equatorial Guinea (PDGE) said the president was dissatisfied with the management of the outgoing government. A new government is expected to be appointed.

The statement further cited the misuse of state resources for personal interests and stagnation in the implementation of development projects.

The president also noted that the government had not implemented policies to diversify the economy especially in the agricultural sector, which would cut reliance on imported goods that can be produced locally.

Equatorial Guinea's economy is heavily reliant on petroleum, with oil and gas accounting for most of its exports and revenues.

In spite of its oil wealth, much of its 1.8m population has not benefitted, as poverty remains rampant. In recent years, the economy has been on a decline amid reduced production and demand for oil.

Preguntas abiertas

  • What were the specific targets the government failed to meet?
  • Who will be appointed to the new government?
  • What specific policies will be implemented to address corruption and diversification?

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This article was originally published by BBC World.

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