Angola: Selected Issues and Statistical Appendix

September 10, 2003

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Angola: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2003) accessed November 21, 2024

Summary

Several years of high inflation rates have negatively affected economic conditions in Angola. Macroeconomic stabilization in Angola entails strict control over central bank credit to the government, an ending of the quasi-fiscal expenditures, and a reduction of the national bank of Angola’s deficit. Reserve adequacy is an important factor for stable economic development and management. This note reviews some of the main challenges faced by Angola's policymakers in launching a credible subsidy reform, and also reviews the sources and uses of state oil revenue in Angola.

Subject: Commodities, Inflation, Monetary base, Money, Oil, Oil, gas and mining taxes, Prices, Production sharing, Taxes

Keywords: Africa, Angola, Central and Eastern Europe, Central Asia, Central bank, CR, Gas and mining taxes, Government, Holdings vis-à-vis holding, Host state, Inflation, Inflation phenomenon, ISCR, Monetary aggregate, Monetary base, Oil, Oil dependency, Production sharing, Reserves holdings compare, Sub-Saharan Africa

Publication Details

Pages:

122
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2003/292
Stock No:

1AGOEA0022003
ISBN:

9781451800524
ISSN:

1934-7685

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