Angola: IMF Staff Completes 2025 Post-Financing Assessment Mission to Angola
5 Articles
5 Articles
Angola: IMF Staff Completes 2025 Post-Financing Assessment Mission to Angola
Document - End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF's Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF's Executive Board for dis…
International Monetary Fund (IMF) cuts Angola’s 2025 growth forecast to 2.4% on emerging risks
The International Monetary Fund has cut Angola’s preliminary growth outlook for 2025 to 2.4% from an initial 3%, it said after an assessment mission to Luanda, citing lower prices of oil and tightening external financing conditions. The Southern African oil exporter had to pay $200 million as extra security for a $1 billion loan from JPMorgan during the height of the selloff of risky assets last month, exposing the challenges faced by small, ope…
IMF Cuts Angola’s Growth Forecast to 2.4%
The International Monetary Fund (IMF) has revised its growth forecast for Angola in 2025, lowering it from an initial 3% to 2.4%, citing the dual impact of weakening global oil prices and tightening external financing conditions. This revised outlook emerged after a post-financing assessment mission by the IMF to Luanda, Angola’s capital. The Southern African country, heavily reliant on oil exports, continues to feel the squeeze of a volatile g…
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