IMF mission analyses Angola’s economy in Luanda

1 March 2018

A mission from the International Monetary Fund (IMF) is scheduled to visit Angola on 14 March to analyse the progress of the Angolan economy, review medium-term forecasts for the main macroeconomic indicators and hold meetings with the authorities about the economic and financial sector, according to a statement from the Ministry of Finance.

The mission’s schedule includes a total of 60 meetings with government officials, the governor of the National Bank of Angola, members of the National Assembly’s Economy and Finance Committee and representatives of state companies from the oil and financial sector and non-financial private sector companies.

The IMF’s mission also aims to discuss and analyse the sustainability of public debt, the country’s external accounts, the business environment, economic diversification and inclusive growth, the soundness of the financial system, asset management, and the tax system.

The previous visit by an IMF mission from 6 to 15 November, 2017, led by economist Ricardo Velloso, monitored the progress of Angola’s economic situation and updated macroeconomic forecasts.

This mission under Article IV will produce a report, whose recommendations will be made public, and will be the basis for the indicators included in the Spring report, due to be published by the IMF next April. (macauhub)