The presidency's arbitration sanctions the operational inability of the government team, whose overall performance indicator stopped at 10% of the objectives set by the budget roadmap. The administrative dissolution affects all 36 members of the resigning executive, less than two years after the dismissal of the previous team for identical reasons of underperformance and mismanagement of public funds.

The disavowal of the Malabo authorities comes amidst a recessionary macroeconomic context linked to the rapid depletion of oil fields. The national economy is experiencing a brutal revenue shock, materialized by a 20% contraction of oil revenues in 2024, followed by a new decline of 16.8% during the 2025 period. The decline in extractive activity has led to a 6% reduction in Gross Domestic Product (GDP). The technocratic profile of the former general manager of the National Bank of Equatorial Guinea (BANGE), appointed to the prime minister's office in August 2024 to bring financial rigor, was not enough to break the resistance of bureaucratic networks or accelerate structural reforms.

Shifting towards a post-oil era is now the top priority for the presidency to balance the state's accounts. The future ministerial team will have the obligation to accelerate the implementation of sectoral programs focused on agriculture, industrial fishing, and light manufacturing to diversify the tax base. The vice presidency in charge of defense and security has already announced a tightening of accountability criteria for future portfolio holders. Cleaning up governance and eradicating administrative delays are non-negotiable conditions for restoring the country's financial credibility with international donors and stabilizing the CEMAC zone's economy.


Bernardo

Tags: guinée équatoriale gouvernement démission économie pétrole restructuration politique afrique crise économique réforme