Angola Fifth Review Under The Extended Arrangement Under The Extended Fund Facility And Request For Modifications Of Performance Criteria— Press Release; Staff Report, And Statement By The Executive Director For Angola

Publication Date:

July 22, 2021

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Near-term macroeconomic prospects continue to improve in the context of higher oil prices and a gradual global recovery from the pandemic shock, but the medium-term outlook remains challenging and highly uncertain. Oil production remains muted, debt and inflation remain elevated, and non-oil activity is expected to recover only gradually. However, continued strong fiscal performance (aided by higher oil revenues), exchange rate stabilization, and a return to positive non-oil growth would contribute to a reduction in the debt-to-GDP ratio this year, easing debt vulnerabilities.

Series:

Country Report No. 2021/140

Subject:

Frequency:

regular

English

Publication Date:

June 30, 2021

ISBN/ISSN:

9781513578767/1934-7685

Stock No:

1AGOEA2021002

Pages:

81

Price Delivery Note:

Received: 6/30/21 at 12:38; Created: 6/30/21 at 12:51

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