Cover IMF Staff Country Reports
Angola: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Angola
Author:
International Monetary Fund. African Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2023: Issue 100
Language:
English
Publication Date:
06 Mar 2023
DOI:
https://doi.org/10.5089/9798400236037.002
ISBN:
9798400236037
ISSN:
1934-7685
Pages:
87
Keywords:
staff BOP projection; staff appraisal; asset declaration regime; governance reform; reform agenda; Oil prices; Credit; Global
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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.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2023: Issue 100