Angola: Post-Financing Assessment Discussions-Press Release; Staff Report; and Statement by the Executive Director for Angola

September 18, 2025

Summary

Angola’s economic performance was strong in 2024: higher than anticipated
growth, fiscal revenue, current account surplus, and lower than anticipated inflation and
public debt. However, Angola has been hit by volatility in oil prices and sovereign
spreads, and weaknesses in oil production in the first half of 2025, amplifying the impact
of those shocks. The authorities are prepared to adjust as needed while pursuing
medium-term economic growth agenda envisaged in the National Development Plan
(NDP) and the African Union (AU)’s Agenda 2063.

Subject: Debt service, Energy subsidies, Expenditure, External debt, Oil prices, Prices, Public debt

Keywords: authorities' prudence, credit intermediation, Debt service, Energy subsidies, Global, inflation expectation, near-term financing needs, Oil prices, POST-financing assessment discussion, reform initiative, revenue reform agenda

Pages:
47
Volume:
2025
DOI:
https://doi.org/10.5089/9798229024730.002
Issue:
269
Series:
Country Report No. 2025/269
Stock No:
1AGOEA2025003
ISBN:
9798229024730
ISSN:
1934-7685

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