European Parliament Library

Angola :, Staff Report for the 2012 Article IV Consultation and Post Program Monitoring

The Angolan government’s efforts to achieve macroeconomic stability to bring inflation and fiscal deficit considerably down are paying off despite high vulnerability to oil revenue shocks. The expected overall growth of up to 7 percent will be contributed to by increased oil production, multiple public investment programs, tax administration reforms, and inflation control. Concentrating on a medium-term fiscal framework, structural transformation and diversification are expected to reinforce the economy. The Executive Board, which welcomed the Stand-By-Arrangement and Financial Sector Assessment Program (FSAP), suggested removing exchange restrictions
Table Of Contents
Cover; CONTENTS; BACKGROUND; RECENT ECONOMIC DEVELOPMENTS; OUTLOOK, RISKS, AND POLICY CHALLENGES; GETTING THE POLICY MIX RIGHT; A. Fiscal Policy; B. Monetary Policy; BOX; 1. The BNA's New Monetary Policy Operational Framework; C. Financial Sector Policy; ENABLING STRUCTURAL TRANSFORMATION; POST-PROGRAM MONITORING; STAFF APPRAISAL; TABLES; 1. Main Economic Indicators, 2009-2013; 2a. Fiscal Operations of the Central Government, 2009-2013; 2b. Fiscal Operations of the Central Government, 2009-2013; 2c. Fiscal Operations of the Central Government, 2009-2013
Literary Form
non fiction
1 ed.
Description based upon print version of record
Physical Description
1 online resource (76 p.)
Specific Material Designation
Form Of Item

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