BNA cuts benchmark interest rate to 19.5 percent
The central bank of Angola decided to reduce the reference interest rate, from 20 to 19.5 percent, citing the slowdown in inflation and the appreciation of the national currency, the kwanza.
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Fitch: Angola grows 3.5 percent this year, but slows to 1.8 percent in 2023
Consultancy Fitch Solutions believes that Angola's economy will grow 3.5 percent this year, the fastest pace since 2014, but will then slow to 1.8 percent in 2023 due to the oil slump.
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