Lima Massano: Angola spends 200 million dollars per month to import food
Angola spends 200 million dollars per month on importing food items such as rice, sugar, chicken meat, wheat and cooking oil, said the Minister of State and Economic Coordination.
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National Bank of Angola raises rates to curb inflation
The National Bank of Angola (BNA) announced increases in the policy rate, from 19 percent to 19.5 percent, and the interest rate on the Permanent Liquidity Provision Facility, from 19.5 percent to 20.5 percent, in an attempt to stop inflation.
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