Angola: Second and Third Reviews Under the Stand-By Arrangement and Request for Waivers of Nonobservance of Two Performance Criteria

September 30, 2010

Preview Citation

Format: Chicago

Angola: Second and Third Reviews Under the Stand-By Arrangement and Request for Waivers of Nonobservance of Two Performance Criteria, (USA: International Monetary Fund, 2010) accessed December 23, 2024

Summary

Angola has made significant progress toward economic stabilization. Under the Stand-By Arrangement (SBA), the government’s key fiscal anchor is the non-oil primary fiscal deficit (NOPD), and the revised 2010 budget is determined to avoid any increase in the non-oil primary deficit. Policy discussions focused on the fiscal stance for the remainder of 2010, and in 2011, the resolution framework for clearing domestic arrears payment, reforming the tax system, strengthening the asset-liability management capacity, and improving the tools for monetary management.

Subject: Arrears, External debt, Fiscal policy, Fiscal stance, Public debt, Public financial management (PFM)

Keywords: Arrears, August budget revision, CR, Disbursement of SDR, Fiscal policy stance, Fiscal stance, Global, Government, ISCR, Management, Monetary policy, Prudent monetary policy, Resolution program

Publication Details

Pages:

62
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2010/302
Stock No:

1AGOEA2010002
ISBN:

9781455208326
ISSN:

1934-7685

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