IMF Concludes 2003 Article IV Consultation with Angola

Author/Editor:

International Monetary Fund

Publication Date:

September 10, 2003

Electronic Access:

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Summary:

The ending of the civil war has brought to the fore the need to reconstruct the Angolan economy and address the problem of widespread poverty. A strong medium-term fiscal adjustment effort, including a reduction of the National Bank of Angola's operational deficit, is needed. The government should pursue a much more prudent foreign borrowing policy to avoid a worsening of the external debt burden. A tighter macroeconomic policy accompanied by a decisive structural reform is needed to foster economic diversification, create employment opportunities, and increase productivity.

Series:

Country Report No. 03/291

Subject:

English

Publication Date:

September 10, 2003

ISBN/ISSN:

9781451800517/1934-7685

Stock No:

1AGOEA0012003

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

64

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