Angola : 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Angola

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

November 3, 2015

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2015 Article IV Consultation highlights that the oil price shock is adversely impacting the economy of Angola. While oil production has recovered following the completion of maintenance work, non-oil GDP growth is expected to decelerate to 2.1 percent in 2015. The economic situation in 2016 is likely to remain challenging as international oil prices are not expected to recover and risks are on the downside. Growth is projected to remain stable at 3.5 percent in 2016, with the oil sector growing by about 4 percent. The non-oil sector is expected to show a small improvement.

Series:

Country Report No. 15/301

Subject:

Notes:

Also available in Portuguese

English

Publication Date:

November 3, 2015

ISBN/ISSN:

9781513542218/1934-7685

Stock No:

1AGOEA2015002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

66

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