IMF Staff Country Reports

Angola: Recent Economic Developments

December 15, 1997

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Format: Chicago

International Monetary Fund. "Angola: Recent Economic Developments", IMF Staff Country Reports 1997, 112 (1997), accessed 12/7/2025, https://doi.org/10.5089/9781451800487.002

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Summary

This paper provides an analysis of important factors that have affected the Angolan economy in recent years. The paper summarizes political developments since 1992 and provides an overview of developments in each major sector of the economy. The paper surveys the trade regime and reform priorities affecting it, summarizes available information on poverty, and describes issues affecting development of the diamond sector, formerly a mainstay of the Angolan economy. The paper also provides a technical analysis of the authorities’ current monetary rule, and a summary of the tax system.

Subject: Commodities, Exports, Imports, International trade, Oil, Poverty, Tariffs, Taxes

Keywords: Africa, banking system, central bank, consumer goods, CR, diamond enterprise, enterprise sector, exchange rate, exchange regime, Exports, fiscal consolidation effort, foreign exchange, government of Angola, government savings, IMF UR, Imports, ISCR, long-term debt, monetary policy in Angola, nominal rate, Oil, petroleum products, poverty line, reform agenda, reform strategy, Southern Africa, Sub-Saharan Africa, Tariffs