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Nevertheless, for the first time since the war broke out, the central bank has presented a monetary policy strategy and the finance ministry a budget.
The government has been on a borrowing spree, taking on increasingly expensive loans to address a cash crisis that has affected government service delivery and salary payments…
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DOI: 10.1108/OXAN-DB274317
ISSN: 2633-304X
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In this context, he faces major challenges, having promised a policy broadly in line with IMF recommendations -- to strengthen fiscal and debt management, widen the tax base…
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DOI: 10.1108/OXAN-DB273410
ISSN: 2633-304X
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INTERNATIONAL: War threatens narrow climate window
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DOI: 10.1108/OXAN-ES268433
ISSN: 2633-304X
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The aim was to build on progress made in July when the government secured a three-year IMF Extended Credit Facility (ECF) programme. The country’s central bank reported that…
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DOI: 10.1108/OXAN-DB216812
ISSN: 2633-304X
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The underperformance of the oil sector, coupled with a recent fuel distribution crisis, have combined to dampen growth forecasts for 2019. While President Joao Lourenco’s…
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DOI: 10.1108/OXAN-DB244145
ISSN: 2633-304X
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African Economies H2 2019.
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DOI: 10.1108/OXAN-DB244434
ISSN: 2633-304X
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The dos Santos administration ostensibly prioritises developing non-oil industries to increase macroeconomic resilience. Initiatives to date have been insubstantial, ineffective…
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DOI: 10.1108/OXAN-DB200127
ISSN: 2633-304X
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The motion passed only after violent scenes in parliament, as opposition legislators were forcibly ejected from the chamber. The bill should now be introduced within a month, with…
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DOI: 10.1108/OXAN-DB224760
ISSN: 2633-304X
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Various restrictions are being eased, and parts of the economy gradually reopened, although a sanitary cordon around Luanda remains. Angola has 73 confirmed COVID-19 cases…