Angola: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Angola

IMF Staff Country Reports, November 3, 2015

Source details

Canonical URL

Angola: 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Angola

Other formats

• Markdown version
• Structured JSON version
• Bundle manifest

Bibliographic details

• Published: November 3, 2015
• Series: IMF Staff Country Reports
• DOI: https://doi.org/10.5089/9781513542218.002

Key findings and outlook

• The oil price shock is adversely impacting the economy of Angola.
• Oil production has recovered following the completion of maintenance work.
• Non-oil GDP growth is expected to decelerate to 2.1 percent in 2015.
• Growth is projected to remain stable at 3.5 percent in 2016.
• The oil sector is projected to grow by about 4 percent in 2016.
• The non-oil sector is expected to show a small improvement in 2016.
• The economic situation in 2016 is likely to remain challenging as international oil prices are not expected to recover and risks are on the downside.

Subjects and keywords (as listed)

• Subjects: Energy subsidies, Exchange rates, Expenditure, External debt, Foreign exchange, Oil prices, Prices, Public debt
• Keywords: Africa, baseline debt path, CR, debt, diversification strategy, Energy subsidies, Exchange rates, GDP deflator, Global, inflation expectation, ISCR, liability positions vis-à-vis nonresident, oil price shock, Oil prices, oil revenue, oil wealth, reform revenue administration, revenue, shock

Content in this bundle

• _cr15301
  • _cr15301 (Markdown version)
  • _cr15301 (PDF)
• Cr15301p
  • Cr15301p (Markdown version)
  • Cr15301p (PDF)