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

December 18, 2018

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Format: Chicago

International Monetary Fund. African Dept. "Angola: Request for An Extended Arrangement Under the Extended Fund Facility-Press Release; and Statement by the Executive Director for Angola", IMF Staff Country Reports 2018, 370 (2018), accessed 12/6/2025, https://doi.org/10.5089/9781484391334.002

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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.

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

Keywords: authorities' objective, debt management strategy, debt management unit, Global, inflation expectation, International reserves, liberalized exchange rate regime, Oil, Southern Africa, Sub-Saharan Africa