According to a statement from the Ministry of Finance, the mission led by the Assistant Director of the African Department, Amadou Sy, takes place from the 7th to the 17th of May, as part of the PFA Post Financing Assessment economic surveillance.
The delegation's agenda includes meetings with the Ministers of State for Economic Coordination, José de Lima Massano, of Finance, Vera Daves de Sousa, of Planning, Vítor Hugo Guilherme, of Industry and Commerce, Rui Miguêns, and also with the governor and the vice-governor of the National Bank of Angola (BNA) Manuel Tiago Dias and Pedro Silva, respectively.
On the table will be topics such as economic and budgetary perspectives, contingency measures, monetary and exchange rate policies, oil sector forecasts, debt perspectives and economic diversification policies, among others.
The Expanded Financing Program (EFF) was approved on December 7, 2018, with a loan of 3.7 billion dollars, an amount that increased to 4.5 billion dollars in the third evaluation, at the request of national authorities, to support macroeconomic reforms and mitigate the impact of the covid-19 pandemic.
In December 2021, Angola concluded the sixth and final evaluation of the Expanded Financing Program, Extended Fund Facility (EFF), which lasted three years and had a total disbursement of 4.5 billion dollars.
