Angola: Request for An Extended Arrangement Under the Extended Fund Facility-Press Release; and Statement by the Executive Director for Angola

December 18, 2018

Preview Citation

Format: Chicago

Angola: Request for An Extended Arrangement Under the Extended Fund Facility-Press Release; and Statement by the Executive Director for Angola, (USA: International Monetary Fund, 2018) accessed November 21, 2024

Also available in: português

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

Publication Details

Pages:

98
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2018/370
Stock No:

1AGOEA2018003
ISBN:

9781484391334
ISSN:

1934-7685

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