However , the newfound oil wealth allowed the government to avoid improving fiscal discipline , transparency and accountability .
In 1999 , the Equato - Guinean Government began attempting to meet IMF - imposed requirements , maintaining contact with IMF and the World Bank representatives .
The newfound oil wealth allowed the government to avoid improving fiscal discipline , transparency and accountability .
In 1999 , the Equato - Guinean Government began attempting to meet IMF - imposed requirements , maintaining contact with IMF and the World Bank representatives .