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Angola 2015 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Angola

This 2015 Article IV Consultation highlights that the oil price shock is adversely impacting the economy of Angola. While oil production has recovered following the completion of maintenance work, non-oil GDP growth is expected to decelerate to 2.1 percent in 2015. The economic situation in 2016 is...

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Bibliographic Details
Corporate Author: International Monetary Fund African Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2015
Series:IMF Staff Country Reports
Subjects:
Debts, External
Debts, Public
International Lending And Debt Problems
Prices
Standards
Money And Monetary Policy
Public Finance & Taxation
Expenditure
International Economics
Public Debt
Oil Prices
Regimes
Public Finance
Government And The Monetary System
Sovereign Debt
Exchange Rates
Exports And Imports
Debt
Payment Systems
Expenditures, Public
External Debt
Macroeconomics
Currency
Energy Industries & Utilities
Foreign Exchange
Energy Subsidies
Debt Management
Energy: Demand And Supply
Monetary Systems
Angola
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This 2015 Article IV Consultation highlights that the oil price shock is adversely impacting the economy of Angola. While oil production has recovered following the completion of maintenance work, non-oil GDP growth is expected to decelerate to 2.1 percent in 2015. The economic situation in 2016 is likely to remain challenging as international oil prices are not expected to recover and risks are on the downside. Growth is projected to remain stable at 3.5 percent in 2016, with the oil sector growing by about 4 percent. The non-oil sector is expected to show a small improvement
Physical Description:66 pages
ISBN:9781513542218

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