{
  "title": "Press Release: Statement by IMF Deputy Managing Director Min Zhu on Angola",
  "publication": "IMF News, April 6, 2016",
  "sourceUrl": "https://www.imf.org/en/news/articles/2015/09/14/01/49/pr16155",
  "canonical": "https://www.imf.org/en/news/articles/2015/09/14/01/49/pr16155",
  "overlayPath": "/en/news/articles/2015/09/14/01/49/pr16155/index.md",
  "summary": "Press Release No. 16/155",
  "publishDate": "2016-04-06",
  "sections": [
    {
      "heading": "Summary",
      "content": "- Press Release No. 16/155\n- Date: April 6, 2016\n- Issued by: IMF COMMUNICATIONS DEPARTMENT, Media Relations\n- Key message: The Angolan authorities have formally requested IMF discussions on an economic program that could be supported by financial assistance."
    },
    {
      "heading": "Context and Rationale",
      "content": "- \"The sharp decline in oil prices since mid-2014 represents a major challenge for oil exporters, especially for those economies that have yet to become more diversified.\"\n- Angola faces economic challenges linked to the decline in oil prices and the need to accelerate diversification while safeguarding macroeconomic and financial stability."
    },
    {
      "heading": "IMF response and proposed program",
      "content": "- The IMF \"stands ready to help Angola address the economic challenges it is currently facing by supporting a comprehensive policy package to accelerate the diversification of the economy, while safeguarding macroeconomic and financial stability.\"\n- The IMF expects to start discussions on an economic program that could be supported by a \"three-year Extended Fund Facility (EFF).\""
    },
    {
      "heading": "Next steps and timeline",
      "content": "- \"We expect to start discussions with the country’s authorities during the upcoming Spring Meetings in Washington D.C. and in Angola shortly thereafter on an economic program that could be supported by a three-year Extended Fund Facility (EFF).\""
    },
    {
      "heading": "Contact information",
      "content": "- Media Relations E-mail: media@imf.org\n- Phone: 202-623-7100\n\nSource: Press Release No. 16/155 (April 6, 2016), IMF Communications Department.\n\n---\n\n\n References\n\n- Angola and the IMF\n- Press Releases\n- PRESS CENTER\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2015/09/14/01/49/pr16155"
    }
  ],
  "bullets": [
    "[Markdown version](/en/news/articles/2015/09/14/01/49/pr16155/index.md)",
    "[Structured JSON version](/en/news/articles/2015/09/14/01/49/pr16155/index.json)",
    "[Bundle manifest](/en/news/articles/2015/09/14/01/49/pr16155/bundle-manifest.json)",
    "Published: April 6, 2016",
    "Press Release No. 16/155",
    "Date: April 6, 2016",
    "Issued by: IMF COMMUNICATIONS DEPARTMENT, Media Relations",
    "Key message: The Angolan authorities have formally requested IMF discussions on an economic program that could be supported by financial assistance.",
    "\"The sharp decline in oil prices since mid-2014 represents a major challenge for oil exporters, especially for those economies that have yet to become more diversified.\"",
    "Angola faces economic challenges linked to the decline in oil prices and the need to accelerate diversification while safeguarding macroeconomic and financial stability.",
    "The IMF \"stands ready to help Angola address the economic challenges it is currently facing by supporting a comprehensive policy package to accelerate the diversification of the economy, while safeguarding macroeconomic and financial stability.\"",
    "The IMF expects to start discussions on an economic program that could be supported by a \"three-year Extended Fund Facility (EFF).\"",
    "\"We expect to start discussions with the country’s authorities during the upcoming Spring Meetings in Washington D.C. and in Angola shortly thereafter on an economic program that could be supported by a three-year Extended Fund Facility (EFF).\"",
    "Media Relations E-mail: media@imf.org",
    "Phone: 202-623-7100",
    "[Angola and the IMF](http://www.imf.org/external/country/AGO/index.htm)",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
  ],
  "alternates": {
    "markdown": "/en/news/articles/2015/09/14/01/49/pr16155/index.md",
    "json": "/en/news/articles/2015/09/14/01/49/pr16155/index.json",
    "bundleManifest": "/en/news/articles/2015/09/14/01/49/pr16155/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-26T22:06:48.295Z"
}