Angola: Recent Economic Developments

Economic activity and social conditions have been adversely affected by the intensification of the civil war. The goal is to restore domestic and external equilibrium and create the conditions for sustained growth, especially by boosting the growth of the non-oil sectors, lowering inflation to single-digit rates, improving the efficiency and transparency of public sector operations, and enhancing the role of the private sector. In March 1999, the government launched an adjustment and reform program. The authorities have made adjustments in fuel prices and electricity tariffs.
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Volume/Issue: Volume 2000 Issue 111
Publication date: September 2000
ISBN: 9781451800500
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This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Business and Economics , Banks and Banking , Exports and Imports , Money and Monetary Policy , Industries - Energy , ISCR , CR , Angola , outlay , national bank of Angola , GDP , kwanza equivalent , price indicator , public utility price , oil export price , medium-term adjustment , investment outlay , price of Angola's oil , Oil , Currencies , Imports , Oil sector , Arrears , Sub-Saharan Africa

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Summary

Economic activity and social conditions have been adversely affected by the intensification of the civil war. The goal is to restore domestic and external equilibrium and create the conditions for sustained growth, especially by boosting the growth of the non-oil sectors, lowering inflation to single-digit rates, improving the efficiency and transparency of public sector operations, and enhancing the role of the private sector. In March 1999, the government launched an adjustment and reform program. The authorities have made adjustments in fuel prices and electricity tariffs.

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