Angola: Second Post-Program Monitoring
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Summary:
This paper reviews Angola’s Second Post-Program Monitoring for different economic developments and policies. The IMF report highlights that Angola has returned to a path of solid economic growth, with single-digit inflation, a strong international reserves position, and a stable exchange rate. Growth has slowed to 4 percent in 2013, but is expected to increase to 5 percent in 2014 as oil production recovers. It outlines that Angola’s capacity to repay the fund remains strong, but the macroeconomic framework and institutional setting should be strengthened to facilitate the process of rebuilding external and fiscal buffers.
Series:
Country Report No. 2014/081
Subject:
Arrears Expenditure External debt Oil, gas and mining taxes Public debt Public financial management (PFM) Taxes
Notes:
English
Publication Date:
March 19, 2014
ISBN/ISSN:
9781484340684/1934-7685
Stock No:
1AGOEA2014001
Pages:
49
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