Angola : Sixth Review Under the Stand-By Arrangement, Request for Waivers of Nonobservance of Performance Criteria, and Proposal for Post-Program Monitoring: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Angola.

Author/Editor:

International Monetary Fund

Publication Date:

May 9, 2012

Electronic Access:

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Summary:

This report discusses Angola’s sixth review under the Stand-By Arrangement (SBA) and request for waivers of nonobservance of performance criteria. Three years after the abrupt decline in world oil prices that severely impacted its economy, Angola has reached a sharply improved fiscal position, a more comfortable level of net international reserves, and a stable exchange rate. The authorities have embarked on far-reaching institutional reforms to enhance accountability in public spending and predictability in oil revenue transfers.

Series:

Country Report No. 12/103

Subject:

English

Publication Date:

May 9, 2012

ISBN/ISSN:

9781475503425/1934-7685

Stock No:

1AGOEA2012001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

53

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