Angola: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Angola
March 6, 2023
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Angola: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Angola, (USA: International Monetary Fund, 2023) accessed November 24, 2024
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Summary
Angola achieved macroeconomic stabilization amid a very difficult environment in 2020 and growth began to recover in 2021. The recovery picked up pace in 2022, aided by high oil prices. President João Lourenço was reelected in August 2022. Angola continues to face significant challenges, including debt vulnerabilities and the need to diversify the economy as oil production declines over the long term. The authorities’ reform agenda, including their upcoming 2023–27 National Development Plan, is focused on these challenges.
Publication Details
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Pages:
87
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Volume:
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DOI:
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Issue:
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Series:
Country Report No. 2023/100
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Stock No:
1AGOEA2023001
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ISBN:
9798400236037
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ISSN:
1934-7685
