Angola: Selected Issues and Statistical Appendix

International Monetary Fund

No 2007/355, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper and Statistical Appendix on Angola underlie monetary policy framework. Angola has adopted an anti-inflation policy that has led to a sharp decline in inflation. To institute a monetary policy framework, a nominal anchor or constraint on the value of domestic currency must be established. Additional work to fine-tune the measures of currency in circulation, conduct more sophisticated tests to assess the relationship between inflation and the monetary aggregates, and determine how to incorporate the currency measure in monetary operations is needed.

Keywords: ISCR; CR; exchange rate; monetary policy; central bank; foreign currency; equilibrium exchange rate equation; time series; anti-inflation policy; money supply; monetary aggregate framework; PPP hypothesis; Real exchange rates; Exchange rates; Monetary aggregates; Currencies; Inflation; Sub-Saharan Africa; Europe (search for similar items in EconPapers)
Pages: 82
Date: 2007-10-26
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Citations: View citations in EconPapers (1)

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