Cover IMF Staff Country Reports
Angola: Selected Issues and Statistical Appendix
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2003: Issue 292
Language:
English
Publication Date:
10 Sep 2003
DOI:
https://doi.org/10.5089/9781451800524.002
ISBN:
9781451800524
ISSN:
1934-7685
Pages:
122
Keywords:
ISCR; CR; government; Angola; monetary aggregate; central bank; inflation phenomenon; oil dependency; holdings vis-à-vis holding; reserves holdings compare; host state; Oil; gas and mining taxes; Production sharing; Inflation; Monetary base; Africa; Sub-Saharan Africa; Central and Eastern Europe; Central Asia
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Several years of high inflation rates have negatively affected economic conditions in Angola. Macroeconomic stabilization in Angola entails strict control over central bank credit to the government, an ending of the quasi-fiscal expenditures, and a reduction of the national bank of Angola’s deficit. Reserve adequacy is an important factor for stable economic development and management. This note reviews some of the main challenges faced by Angola's policymakers in launching a credible subsidy reform, and also reviews the sources and uses of state oil revenue in Angola.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2003: Issue 292