Angola: Selected Issues and Statistical Appendix
April 5, 2005
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This Selected Issues paper on Angola reports that oil production in Angola accounts for about half of GDP and about 75 percent of government revenue. The projections for the government’s fiscal position in the medium term will be crucially dependent on both the value of oil production and the proportion that will accrue to the government. However, in addition to the usual uncertainties associated with projections of the total value of oil output, the government’s share has been subject to volatility.
Subject: Commodities, External debt, Oil, Oil prices, Oil, gas and mining taxes, Prices, Production sharing, Taxes
Keywords: Africa, Angola, cost oil, CR, debt, gas and mining taxes, inflation, ISCR, joint-venture company Ascorp, money growth, Oil, Oil prices, oil receipts, parastatal diamond company, Production sharing, profit oil
Pages:
84
Volume:
2005
DOI:
Issue:
125
Series:
Country Report No. 2005/125
Stock No:
1AGOEA2005001
ISBN:
9781451800531
ISSN:
1934-7685
