Angola: Post-Financing Assessment Discussions-Press Release; Staff Report; and Statement by the Executive Director for Angola

Angola: Post-Financing Assessment Discussions-Press Release; Staff Report; and Statement by the Executive Director for Angola
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Volume/Issue: Volume 2025 Issue 269
Publication date: September 2025
ISBN: 9798229024730
$20.00
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Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Inflation , Economics- Macroeconomics , Public Finance , Industries - Energy , POST-financing assessment discussion , inflation expectation , near-term financing needs , credit intermediation , revenue reform agenda , authorities' prudence , reform initiative , Oil prices , Energy subsidies , Debt service , Global

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Summary

Angola’s economic performance was strong in 2024: higher than anticipated growth, fiscal revenue, current account surplus, and lower than anticipated inflation and public debt. However, Angola has been hit by volatility in oil prices and sovereign spreads, and weaknesses in oil production in the first half of 2025, amplifying the impact of those shocks. The authorities are prepared to adjust as needed while pursuing medium-term economic growth agenda envisaged in the National Development Plan (NDP) and the African Union (AU)’s Agenda 2063.