Angola: Request for An Extended Arrangement Under the Extended Fund Facility-Press Release; and Statement by the Executive Director for Angola

International Monetary Fund

No 2018/370, IMF Staff Country Reports from International Monetary Fund

Abstract: The Government is implementing a (i) Macroeconomic Stabilization Program, which is focused on strengthening fiscal and debt sustainability; reducing inflation; promoting a more flexible exchange rate regime; improving financial sector stability; and addressing pressures on correspondent banking relationships; and (ii) National Development Plan for 2018–22 to address structural bottlenecks; and promote human development, public sector reform, economic diversification, and inclusive growth. The authorities also focus on improving governance and fighting corruption.

Keywords: liberalized exchange rate regime; debt management strategy; inflation expectation; authorities' objective; debt management unit; Oil; International reserves; Global; Sub-Saharan Africa; Southern Africa (search for similar items in EconPapers)
Pages: 98
Date: 2018-12-18
New Economics Papers: this item is included in nep-mac
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