Equatorial Guinea presents 2027 budget proposal to Senate
By the AFREEQUE newsroom, based on Real Equatorial Guinea
Equatorial Guinea’s Minister Delegate for Finance, Milagrosa Obono Angüe, presented the 2027 state budget proposal to the Senate, along with the 2025 accounts and the budget execution report for the first half of 2026. Revenue in 2025 reached 1,213,017 million CFA francs and expenditure 1,250,433 million, while the first half of 2026 recorded a provisional surplus of 82,681 million, according to the government.
Equatorial Guinea’s Minister Delegate for Finance, Budgets and National Planning, Milagrosa Obono Angüe, presented a balanced budget proposal of 1,119.725 billion CFA francs for the 2027 financial year to the Senate on Monday, according to Real Equatorial Guinea.
The forecasts set revenue and expenditure at the same amount. The proposal is intended to establish the financial framework for the government’s economic action next year, amid a structural decline in hydrocarbon production and efforts to find non-oil revenue.
The minister also presented the 2025 budget results: revenue reached 1,213.017 billion CFA francs, including 283.505 billion outside the oil sector, an increase of 8% compared with 2024. Executed expenditure amounted to 1,250.433 billion, down 13%, and the year ended with a deficit of 37.416 billion.
In the first half of 2026, revenue collected totalled 507.042 billion CFA francs, against expenditure of 424.361 billion, giving a provisional surplus of 82.681 billion. The budget proposal is being presented as several other countries in the region are also examining their 2027 budgets, including the Congolese budget providing for 670 billion CFA francs in investment.
