Angola : 2007 Article IV Consultation: Staff Report; Staff Supplement and Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Angola

Author/Editor:

International Monetary Fund

Publication Date:

October 25, 2007

Electronic Access:

Free Full Text (PDF file size is 700 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The staff report for the 2007 Article IV Consultation on Angola highlights economic performance, macroeconomic stability, and fiscal policy. Growth in the medium term will rely increasingly on the non-oil sector, where reforms to promote private sector development will be critical to offset a potential loss in competitiveness from an appreciating real exchange rate. A key challenge is to ensure that political pressure to scale up public spending does not undermine macroeconomic stability. Lower output growth and oil revenues than envisaged in the baseline scenario could jeopardize public and external debt sustainability.

Series:

Country Report No. 07/354

Subject:

Notes:

Also available in Portuguese

English

Publication Date:

October 25, 2007

ISBN/ISSN:

9781451800555/1934-7685

Stock No:

1AGOEA2007001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

64

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