12 °c
London
Tuesday, February 7, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Angola: IMF considers positive oil price stability

FurtherAfrica by FurtherAfrica
November 6, 2016
in Africa, Angola, Banking, Currency, Development, Economy, Finance, Oil
Reading Time: 2 mins read
1.4k 103
1
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Ricardo Veloso, who was speaking at the end of a preliminary meeting with members of the Angolan government’s economic team, said however that the IMF is concerned with the economic growth of Angola that is still below the desired levels.

Among the several topics to be discussed with the executive’s team include the organisation of public accounts, which according to Ricardo Veloso, the mission has received a series of information about the country’s economy including the implementation of fiscal policy for this year and a copy of the budget proposal for 2017.

A meeting between IMF and Angolan government (Photo: Rosário dos Santos)
A meeting between IMF and Angolan government (Photo: Rosário dos Santos)

A delegation from the International Monetary Fund (IMF) is paying a working visit to the country from 03 to 17 October, in accordance with Article IV of the Agreement of the referred financial institution.

The agenda of the IMF mission includes, among others, discussions with the Angolan authorities on issues related to the evolution of the fiscal and public debt, projections of the economic indicators for 2017, estimates for the growth of the oil and non-oil sector.

The latest developments in the banking sector and the assumptions for the General State Budget (OGE) for the fiscal year 2017 also include the agenda of this mission.

The IMF mission will also discuss with the government’s economic team aspects related to government operations in the securities and foreign exchange market, management of international net reserves, treasury management, including the evolution of accounts to pay and arrears.

Economic team meets IMF delegation (Photo: Rosário dos Santos)
Economic team meets IMF delegation (Photo: Rosário dos Santos)

Balance of payments projections, development of non-oil taxes, recent measures, medium-term outlooks and plans and implementation of the Public Investment Programmes (PIP) are other issues to be analysed in the meeting.

The meeting was attended by the Angolan ministers of Finance, Acher Mangueira, of Economy, Abraham Gourgel, of Planning and Territorial Development, Job Graça, of Trade, Fiel Constantino and the governor of the National Bank of Angola, Walter Filipe.

Source: Angop

Related

Tags: AngolaAngola National BankcommodityGeneral State BudgetIMFInternational Monetary FundOGEoilPIPPublic Investment ProgrammesRosário dos Santosアンゴラ安哥拉
ScanSendShare590Tweet369Share103Pin133Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Agriculture

Strengthening antimicrobial resistance surveillance through One Health approach in Zimbabwe

by Rafael Carvalho
February 7, 2023
Climate

Experts converge to find solutions for climate change challenges

by FurtherAfrica
February 7, 2023
Logistics

Ethiopia inaugurates US$68M Dire Dawa Dry Port and Terminal

by FurtherAfrica
February 7, 2023
Finance

2nd African Infrastructure Financing Summit brings US$160B worth of projects

by Fabio Scala
February 7, 2023
Grey List – 1st activity on Beneficial Ownership Registers in Mozambique
Justice

Grey List – 1st activity on Beneficial Ownership Registers in Mozambique

by Elizabeth Khumalo
February 7, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

Agriculture

Strengthening antimicrobial resistance surveillance through One Health approach in Zimbabwe

by Rafael Carvalho
February 7, 2023
0

Antimicrobial resistance (AMR) is a natural phenomenon in which microorganisms such as bacteria, viruses, fungi and parasites adapt to antimicrobial...

Read more

Experts converge to find solutions for climate change challenges

February 7, 2023

Ethiopia inaugurates US$68M Dire Dawa Dry Port and Terminal

February 7, 2023

2nd African Infrastructure Financing Summit brings US$160B worth of projects

February 7, 2023
Grey List – 1st activity on Beneficial Ownership Registers in Mozambique

Grey List – 1st activity on Beneficial Ownership Registers in Mozambique

February 7, 2023

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 100,736 other subscribers.
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?
 

Loading Comments...