Angola: 2024 First Post-Financing Assessment-Press Release; and Staff Report
Electronic Access:
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Summary:
Angola remained resilient in the face of significant challenges in 2023, including weaker oil production and prices. However, the gains from fiscal consolidation were lower-than-anticipated and inflation increased. Angola’s capacity to repay the Fund is adequate though subject to risks. In the event of an adverse scenario involving a prolonged oil price shock, repayment indicators would weaken but remain adequate.
Series:
Country Report No. 2024/224
Subject:
Energy subsidies Expenditure External debt Oil prices Oil production Prices Production Public debt
Frequency:
regular
English
Publication Date:
July 15, 2024
ISBN/ISSN:
9798400282027/1934-7685
Stock No:
1AGOEA2024003
Format:
Paper
Pages:
44
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