Guinea Prez, world's longest-serving ruler must reveal assets for IMF aid

Equatorial Guinea’s leader Teodoro Obiang Nguema Mbasogo, the world’s longest-serving president, should declare his assets before the nation receives more financial support, according to the International Monetary Fund.

The central African country needs an IMF bailout to deal with a crisis that shrank its economy by a third to $13 billion last year.

Under a program agreed to last week, the state will be required to increase transparency, improve governance and implement reforms to fight corruption, Lisandro Abrego, the lender’s mission chief for Equatorial Guinea, said in an interview.

“Authorities will implement an asset-declaration regime for senior public officials as part