<ul class="pr-points">
<li><span>The IMF Executive Board approved Equatorial Guinea’s request for emergency assistance equivalent to about US$67.38 million under the Rapid Financing Instrument.</span></li>
<li><span>The pandemic and the Bata explosions have inflicted heavy damage on Equatorial Guinea’s economy, substantially weakened its near-term economic outlook, increased economic and financial stress, and severely affected the livelihood of much of the population.</span></li>
<li><span>The authorities are committed to taking further steps as part of their ongoing effort to address macro-critical governance and corruption challenges facing Equatorial Guinea.</span></li>
</ul>