Economy
Highlights
Oxford Economics predicts new rate increase from the National Bank of Angola in July
The consultancy Oxford Economics anticipated, this Monday, that the National Bank of Angola (BNA) will raise the interest rate again by 0.5 percentage points at its July meeting, to contain the rise in inflation.
Brazil invested 20 billion dollars in Angola in two decades
Brazil has invested almost 20 billion dollars in Angola over the last two decades and promoted more than 75 cooperation projects, the country's ambassador in Luanda told Lusa.
BNA revises inflation at high to 23.4 percent in 2024
The central bank revised inflation upwards for this year, pointing to 23.4 percent, mainly due to the rise in prices for diesel and urban public passenger transport, as well as “inflationary inertia”.
