IMF Staff Country Reports

Angola: Request for An Extended Arrangement Under the Extended Fund Facility-Press Release; and Statement by the Executive Director for Angola

Publication Date:

December 18, 2018

Electronic Access:

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Summary:

The Government is implementing a (i) Macroeconomic Stabilization Program, which is focused on strengthening fiscal and debt sustainability; reducing inflation; promoting a more flexible exchange rate regime; improving financial sector stability; and addressing pressures on correspondent banking relationships; and (ii) National Development Plan for 2018–22 to address structural bottlenecks; and promote human development, public sector reform, economic diversification, and inclusive growth. The authorities also focus on improving governance and fighting corruption.

Series:

Country Report No. 2018/370

Subject:

Central banks Commodities External debt Foreign exchange International organization International reserves Monetary policy Oil Public debt