Equatorial Guinea strengthens financial oversight of public entities
By the AFREEQUE newsroom, based on Ahora EG
Illustrative image · RDNE Stock project · Pexels · Licence PexelsThe Equatorial Guinean government is strengthening financial and fiscal oversight of public entities, including monitoring their debts to SEGESA and planning payments for their electricity consumption. The approach was discussed at a second meeting held this year, according to Ahora EG.
The Equatorial Guinean government held a second meeting this year dedicated to the financial and fiscal oversight of public entities, including their debts to SEGESA, the national electricity company, and the scheduling of payments for their electricity consumption, Ahora EG reports. SEGESA’s director general presented the status of outstanding obligations.
The meeting aims to regulate payments by public bodies and monitor their financial commitments to the electricity supplier. It follows the appointment, on 21 October, of two officials to the Equatorial Guinean Treasury.
