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Equatorial Guinea: IMF - Delay Vote On Equatorial Guinea Loan

Posted by All Africa on

[HRW] Washington -The International Monetary Fund (IMF)'s Executive Board should delay a planned December 2019 vote on a US$280 million loan agreement with Equatorial Guinea, eight human rights and good governance organizations and eight prominent experts said today in a letter to the IMF Executive Board. The program preceding the loan agreement and planned conditions for the loan are insufficient to address deep-rooted rights violations, corruption, and related impunity in Equatorial Guinea in line with IMF requirements.

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