09/18/2025 | Press release | Distributed by Public on 09/18/2025 08:15
Angola's economic performance was strong in 2024: higher than anticipated growth, fiscal revenue, current account surplus, and lower than anticipated inflation and public debt. However, Angola has been hit by volatility in oil prices and sovereign spreads, and weaknesses in oil production in the first half of 2025, amplifying the impact of those shocks. The authorities are prepared to adjust as needed while pursuing medium-term economic growth agenda envisaged in the National Development Plan (NDP) and the African Union (AU)'s Agenda 2063.
Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Credit, Crime, Debt service, Energy subsidies, Expenditure, External debt, Inflation, Money, Oil prices, Oil production, Prices, Production, Public debt
Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), Credit, Debt service, Energy subsidies, Exchange rates, Inflation, International reserves, Oil prices, Oil production