Economy
Highlights
IMF: Angola's growth revised downwards to 2.6 percent this year
The International Monetary Fund (IMF) predicts growth of 2.6 percent and 3.1 percent this and next year in Angola, below the 3.8 percent and 4 percent estimated for the sub-Saharan African region.
New customs tariff hinders competition and could increase prices, says economist
The new customs tariff will increase prices and favor monopolies, argued Angolan economist Heitor Carvalho, suggesting that this instrument should not be seen as a source of revenue collection.
Standard Bank predicts economy to grow 1.1 percent this year
Standard Bank predicts that the country's economy will grow 1.1 percent this year, representing an improvement in relation to last year, when growth was 0.9 percent, and 2024 could be a “more interesting and recovery, if there are no surprises”.
