MALABO, Equatorial Guinea, April 8, 2014 /PRNewswire-USNewswire/ -- Equatorial Guinea hosted a meeting of the Ministers of Finance of the nations of the Central African Economic and Monetary Community (CEMAC) CFA franc countries as well as members of the International Monetary Fund and the World Bank. The meeting took place in the Sipopo Conference Center of the capital city of Malabo from April 2 - 3.
Marcelino Owono Edu, the Minister of Finance and Budget of Equatorial Guinea, stated that the Ministers of Finance meeting was designed to analyze the overall economic situation of these countries.
The event occurs twice a year and includes the participation of more than 50 technicians.
The Minister of Finance and Budget worked with other members of the Government to design a program that encourages cooperation among the central banks of the Central Franc Zone and economic growth of member countries.
Equatorial Guinea is taking on an increasingly active role in international affairs, particularly in Africa, and the Sipopo Conference Center has become a frequent venue for regional economic, business, cultural, political, and other events.
About Equatorial Guinea
The Republic of Equatorial Guinea (República de Guinea Ecuatorial) is the only Spanish-speaking country in Africa, and one of the smallest nations on the continent. In the late-1990s, American companies helped discover the country's oil and natural gas resources, which only within the last five years began contributing to the global energy supply. ="http://www.flickr.com/photos/50152514@N07/" rel="nofollow" target="_blank">Equatorial Guinea is now working to serve as a pillar of stability and security in its region of West Central Africa. The country hosted the 2011 Summit of the African Union. For more information, visit http://www.guineaecuatorialpress.com.
SOURCE Republic of Equatorial Guinea