European Parliament Library

Angola :, Fourth Review Under the Stand-By Arrangement, Request for Waivers of Nonobservance of Performance Criteria, Request for Waivers of Applicability of Performance Criteria, and Request for Modification of Performance Criteria

Label
Angola :, Fourth Review Under the Stand-By Arrangement, Request for Waivers of Nonobservance of Performance Criteria, Request for Waivers of Applicability of Performance Criteria, and Request for Modification of Performance Criteria
Language
eng
Abstract
Angola’s economy was badly buffeted by the sharp drop in global oil prices. Policy discussions for the review focused on the 2011 budget, the handling of the arrears problem, monetary and exchange rate policies, and key elements of the authorities’ administrative and policy reform agenda. Angolan banks have not been severely impaired by the financial instability of the past two years, and the sector maintains an adequate capital buffer. Four elements—public financial management, tax reform, improving the business environment, and transparency and safeguards issues—are discussed
resource.governmentPublication
international or intergovernmental publication
Literary Form
non fiction
Main title
Angola :
Nature of contents
dictionaries
Series statement
IMF Staff Country Reports
Sub title
Fourth Review Under the Stand-By Arrangement, Request for Waivers of Nonobservance of Performance Criteria, Request for Waivers of Applicability of Performance Criteria, and Request for Modification of Performance Criteria
Table Of Contents
Cover; Contents; I. The Context; II. Recent Developments and Outlook; III. Policy Discussions; A. Fiscal Policy; B. Domestic Payments Arrears; C. Monetary, Exchange Rate, and Financial Sector Policies; D. The Administrative and Policy Reform Agenda; IV. Program Monitoring and Design Issues; V. Staff Appraisal; Figures; 1. Real Sector and Fiscal Developments; 2. Exchange Rate and Monetary Policies; 3. External Sector Developments; Tables; 1. Main Economic Indicators, 2007-11; 2a. Fiscal Operations of the Central Government, 2008-11; 2b. Fiscal Operations of the Central Government, 2008-112c. Fiscal Operations of the Central Government, 2009-113. Balance of Payments, 2008-11; 4. Monetary Authorities, 2008-11; 5. Monetary Survey, 2008-11; 6. Illustrative Medium-Term Scenario, 2009-11; 7. Banking System Financial Soundness Indicators, 2003-10; 8. Indicators of Capacity to Repay the Fund, 2009-16; 9. Reviews and Disbursements Under the 27-Month Stand-By-Arrangement; Appendices; Appendix I. Letter of Intent; Attachment I. Memorandum of Economic and Financial Policies; Attachment II. Technical Memorandum of Understanding; Annexes; I. Relations with the FundII. Relations with the World BankIII. Statistical Issues
Classification
Content
Other version