Angola : 2007 Article IV Consultation: Staff Report; Staff Supplement and Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Angola

1AGOEA2007001 Image
Price:  $18.00

Release Date: © October, 2007
ISBN : 978-1-45180-055-5
Stock #: 1AGOEA2007001
Stock Status: On back-order

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The staff report for the 2007 Article IV Consultation on Angola highlights economic performance, macroeconomic stability, and fiscal policy. Growth in the medium term will rely increasingly on the non-oil sector, where reforms to promote private sector development will be critical to offset a potential loss in competitiveness from an appreciating real exchange rate. A key challenge is to ensure that political pressure to scale up public spending does not undermine macroeconomic stability. Lower output growth and oil revenues than envisaged in the baseline scenario could jeopardize public and external debt sustainability.


Economic policy , Economic sectors , Economic stabilization , Exchange rate policy , Fiscal policy , Foreign exchange , Monetary policy , Private sector

More publications in this series: IMF Staff Country Reports