Angola: Recent Economic Developments

International Monetary Fund

No 1997/112, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper provides an analysis of important factors that have affected the Angolan economy in recent years. The paper summarizes political developments since 1992 and provides an overview of developments in each major sector of the economy. The paper surveys the trade regime and reform priorities affecting it, summarizes available information on poverty, and describes issues affecting development of the diamond sector, formerly a mainstay of the Angolan economy. The paper also provides a technical analysis of the authorities’ current monetary rule, and a summary of the tax system.

Keywords: ISCR; CR; exchange rate; banking system; central bank; foreign exchange; consumer goods; reform agenda; poverty line; nominal rate; fiscal consolidation effort; diamond enterprise; enterprise sector; long-term debt; government savings; exchange regime; Oil; Tariffs; Imports; Exports; Sub-Saharan Africa; Southern Africa; Africa; reform strategy; IMF UR; monetary policy in Angola; government of Angola; petroleum products (search for similar items in EconPapers)
Pages: 72
Date: 1997-12-15
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1997/112

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