The Progress Party of Equatorial Guinea (Spanish: Partido del Progreso de Guinea Ecuatorial) is a pro-market, pro-democracy political party in Equatorial Guinea. It was founded in Madrid in 1983 by Severo Moto. The party leadership has declared a "government in exile" in Spain, with party leader Severo Moto as "President". PP members who remain in Equatorial Guinea are heavily harassed and prosecuted.