$rr0.g million as at 31 March 1985. Debt-service payments increased from $4.1 million in 1983 to $1f.2 million in 1984 and are projected at approximately $14 rnillion in 1985. fn both 1984 and 1985, it is estimated that debt-service payments will be alnost equivalent to the value of the export of goods and services. 18. To deal with this situation, the Government has sought to reschedule payments, both bilaterally and in the context of the Paris Club. Nevertheless, as noted above, accumulated arrears in 1984 totalled $f0.8 nillion. 19. A significant portion of current outstanding external obligations are now owed to the International lttonetary Fund (IMF) and thus not subject to rescheduling. This poses an inmediate problem since tbe Government must cover these overdue obligations as part of any adjustment programme with the Fund. In addition, such a programme, which many donors and creditors consider to be important in their considerations of providing new financing, often involves remaining current on aIl external obligations. 20. The Government does not plan to contract new foreign loans on non-concessionary terms in the coming period. However' to deal with present circumstances, a further rescheduling of debt-service payments will be necessary. This wiII be atiscussed at a Paris Club meeting scheduled fot 29 June 1985. The meeting will also consider the possibility of new financing to cover the inportation of essential itens. C. Sectoral overview 1. Agriculture 2L. Lack of data relating to food production and consunption makes the assessment of the food situation in Equatorial Guinea difficult. The main food crops grown are manioc, taro, maize, fruits, vegetables and palm oil. The country relies on imports to satisfy demand for wheat or rice as well as oil, tinned meat and other products. Since most of the population is engaged in subsistence aqriculture, food
**Analysis**
The text appears to be discussing the economic situation of Equatorial Guinea, specifically the country's debt and its impact on its ability to import essential items. It also mentions the food situation and the country's reliance on subsistence agriculture. The text is focused on the economic and financial aspects of the country, making it likely that it falls under the categories related to economic development and international trade.

**Category**
Economic development, International trade