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Home Africa

Reserve Bank of Angola prepares measures to stabilise economy

FurtherAfrica by FurtherAfrica
October 18, 2016
in Africa, Angola, Banking, Currency, Economy, Finance
Reading Time: 1 min read
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Several actions focused on monetary policy to address some barriers to the prosperity of families are being prepared by the National Reserve Bank of Angola (BNA), as part of the macroeconomic impact of measures, under way in the Central Bank.

According to the governor of the BNA, Valter Filipe, the financial institution will create a greater macroeconomic stability and better monetary policy framework to solve the problem that has to do with the prosperity of families.

Valter Filipe, who was speaking at the end of the speech to the nation delivered today (Monday) by the President of the Republic, José Eduardo dos Santos, considered necessary to reduce prices and inflation.

He said the measures being taken by the BNA will have a significant impact next year (2017).

As for the results of the visit to the United States, where he attended the annual meetings of the International Monetary Fund and World Bank Group, Valter Filipe said there was interest of US entities.

Source: Angop

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Tags: AngolaBanco Nacional de AngolaBNACentral Bankmonetary policyNational Reserve Bank of AngolaValter Filipeアンゴラ安哥拉
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Comments 1

  1. Avatar Angolan says:
    4 years ago

    where there’s a will there’s a way, but we had promises like this one in the past and nothing has gone better. So, nothing to see here folks, just words. And by the way, the very rest of expats still in Angola are counting down to get out at the end of the year. This is why They are talking in 2017! To keep Them there waiting for better days. Angolans don’t need more words, need action. People are dying every day from fever and due to lack of pharmacy drugs and not a single word on that …

    Reply

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