Angola: Selected Issues and Statistical Appendix

International Monetary Fund

No 2003/292, IMF Staff Country Reports from International Monetary Fund

Abstract: Several years of high inflation rates have negatively affected economic conditions in Angola. Macroeconomic stabilization in Angola entails strict control over central bank credit to the government, an ending of the quasi-fiscal expenditures, and a reduction of the national bank of Angola’s deficit. Reserve adequacy is an important factor for stable economic development and management. This note reviews some of the main challenges faced by Angola's policymakers in launching a credible subsidy reform, and also reviews the sources and uses of state oil revenue in Angola.

Keywords: ISCR; CR; government; Angola; monetary aggregate; central bank; inflation phenomenon; oil dependency; holdings vis-à-vis holding; reserves holdings compare; host state; Oil; gas and mining taxes; Production sharing; Inflation; Monetary base; Africa; Sub-Saharan Africa; Central and Eastern Europe; Central Asia (search for similar items in EconPapers)
Pages: 122
Date: 2003-09-10
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