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.

Publication Date: May 09, 2012
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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(s): Economic indicators | Fiscal transparency | Performance criteria waivers | Post-program monitoring | Staff Reports | Stand-by arrangement reviews

Publication Date: May 09, 2012
ISBN/ISSN: 9781475503425/1934-7685 Format: Paper
Stock No: 1AGOEA2012001 Pages: 53
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