Press conference with the AfDB president

The activities of the 54th Annual Assembly of the African Development Bank (AfDB) began on the morning of Monday 10th June with a press conference given by the president of the banking institution, Akinwumi A. Adesina, accompanied by the Minister for Finance, the Economy and Planning, Cesar Augusto Mba Abogo.

The annual meeting began with a press conference in one of the meeting rooms at the Palace of Conferences in Sipopo. A. Adesina pointed out that this event was important due to its significance for regional integration. However, he added that there were always challenges with regards to the financial market, and transactions involving goods, So, taking into account this situation, we are here, in Central Africa, to discuss the various challenges”.

For his part, the Minister for Finance congratulated the President of AfDB for his personal involvement in this annual assembly, This annual assembly is held within an important context for our country. The president of AfDB has spoken of the challenges regarding infrastructures, technology, and the movement of persons and goods. The Republic of Equatorial Guinea has tried to overcome all these challenges in the last ten years under the Horizonte 2020 Plan; we have made significant investment in infrastructures to ensure that the country has a competitive base; we have made significant investment in human capital to improve the living conditions of the population, we have also made significant investment in governance. A short time ago we held the Third National Economic Conference, to look at haw we can take advantage of this potential and how we can better adapt it within the African context”.

The minister also stated that the five priorities of AfDB fit clearly within the new development strategy of the Republic of Equatorial Guinea, and declared that the ambition of the Government, from now to 2035, was to achieve effective economic diversification and a consolidation of the social progress obtained in the last ten years.

Source: Equatorial Guinea Press and Information Office

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