This 2015 Article IV Consultation highlights that the oil price shock is adversely impacting the economy of Angola …

Angola’s economy was badly buffeted by the sharp drop in global oil prices. Policy discussions for the review focused …

Angola's economic recovery in 2021/22 was nearly halted in 2023 by a double shock, as both oil production and prices … by cutting fuel subsidies, and tightened monetary policy. Angola continues to face significant challenges, including debt …

KEY ISSUES Context: Angola has returned to a path of solid economic growth, with single-digit inflation, a strong … public financial management. Angola should take advantage of continued high oil prices to put in place reforms that will lead … and key issues related to Angola’s capacity to repay the Fund, including the need for: prudent fiscal policies to support …

KEY ISSUES Context and outlook: Angola’s recent economic developments have been positive, but softening oil revenue and … recommendations: • Return to structural fiscal surpluses in line with the objective set forth in Angola’s Sovereign Wealth Fund, by …