Angola Second Post-Program Monitoring

This paper reviews Angola's Second Post-Program Monitoring for different economic developments and policies. The IMF report highlights that Angola has returned to a path of solid economic growth, with single-digit inflation, a strong international reserves position, and a stable exchange rate....

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Bibliographic Details
Corporate Author: International Monetary Fund African Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2014
Series:IMF Staff Country Reports
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper reviews Angola's Second Post-Program Monitoring for different economic developments and policies. The IMF report highlights that Angola has returned to a path of solid economic growth, with single-digit inflation, a strong international reserves position, and a stable exchange rate. Growth has slowed to 4 percent in 2013, but is expected to increase to 5 percent in 2014 as oil production recovers. It outlines that Angola's capacity to repay the fund remains strong, but the macroeconomic framework and institutional setting should be strengthened to facilitate the process of rebuilding external and fiscal buffers
Physical Description:49 pages
ISBN:9781484340684