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Equatorial Guinea’s government and prime minister resign

Equatorial Guinea’s government and prime minister resign

THE government and prime minister of Equatorial Guinea tendered their resignation on Friday to President Teodoro Obiang, who said they had not done enough to help the country at a time of crisis, authorities said in a statement. The Central African oil producer is suffering a double economic shock linked to the coronavirus pandemic and a drop in the price of crude, which provides around three-quarters of state revenue. "The head of state regretted that the outgoing government did not fulfil its policy objectives, which undoubtedly led to this crisis situation," a statement on the government website said. Obiang, 78,…
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