Angola: Second Post-Program Monitoring

March 19, 2014

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Angola: Second Post-Program Monitoring, (USA: International Monetary Fund, 2014) accessed November 24, 2024

Summary

This paper reviews Angola’s Second Post-Program Monitoring for different economic developments and policies. The IMF report highlights that Angola has returned to a path of solid economic growth, with single-digit inflation, a strong international reserves position, and a stable exchange rate. Growth has slowed to 4 percent in 2013, but is expected to increase to 5 percent in 2014 as oil production recovers. It outlines that Angola’s capacity to repay the fund remains strong, but the macroeconomic framework and institutional setting should be strengthened to facilitate the process of rebuilding external and fiscal buffers.

Subject: Arrears, Expenditure, External debt, Oil, gas and mining taxes, Public debt, Public financial management (PFM), Taxes

Keywords: Accommodative monetary policy stance, Arrears, Authority, Benchmark bond yield yield curve, CR, Fiscal policy, Gas and mining taxes, GDP deflator, Global, Investment expenditure, ISCR, Oil, Oil revenue, Oil revenue data, Oil-sector foreign exchange law, Streamlining government procurement process

Publication Details

Pages:

49
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2014/081
Stock No:

1AGOEA2014001
ISBN:

9781484340684
ISSN:

1934-7685

Notes

Also Available in Portuguese

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