Angola has sufficient liquidity to absorb public debt issues

11 February 2015

The Angolan market has sufficient liquidity for placement of debt issues planned for 2015, the director of the Public Debt Management Unit of the Public Debt of the Ministry of Finance said Tuesday in Luanda.

Angélica Paquete, who was speaking on the sidelines of the presentation of the 2015 Annual Debt Plan, noted that experience from previous years made it possible to judge the country’s liquidity quite accurately.

She added that as regards Angola’s financial and economic soundness, despite uncertainty in the short term, the situation in the medium and long term was significantly positive.

The government of Angola plans to issue debt in the amount of US$20 billion in 2015, to be distributed equally over the domestic and foreign markets. (macauhub/AO)