Angola: Second Post-Program Monitoring; Press Release; and Statement by the Executive Director for Angola

Publication Date: March 19, 2014
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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. 14/81
Subject(s): Post-program monitoring | Fiscal policy | Government expenditures | Infrastructure | Public investment | Oil sector | Foreign exchange | Monetary policy | Banking sector | Bank supervision | Economic indicators | Staff Reports | Press releases | Angola

Notes Also Available in Portuguese
Publication Date: March 19, 2014
ISBN/ISSN: 9781484340684/1934-7685 Format: Paper
Stock No: 1AGOEA2014001 Pages: 49
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