In his speech during the swearing-in of officials, President Nguema Mbasogo described the new government as a “government of salvation,” tasked with revitalizing the economy and ensuring the stability of the country. He highlighted the need for rigor and dynamism and emphasized that cohesion and collective commitment are essential to avoid failure.
Equatorial Guinea Appoints New Prime Minister and Deputy Prime Ministers
The President called on the new ministers to act proactively in identifying and correcting deficiencies in the administration. He stressed the importance of transparent management and the elimination of hidden interests that could obstruct the country’s development.
He also addressed the issue of unemployment, suggesting that strengthening small and medium-sized enterprises is a key strategy for generating jobs and reducing insecurity. He highlighted the need to integrate active youth into the labor market to prevent social problems related to unemployment.
Regarding fiscal management, Nguema Mbasogo advocated for a more austere and efficient administration of resources. He reiterated the importance of combining oil revenues with administrative income to finance development projects, adapting to current global economic conditions. The restructuring of the government marks a new beginning in the quest for stability and progress for Equatorial Guinea.