According to the governor of the National Bank of Angola (BNA), Tiago Dias, the balance of the assets account reached 1.2 billion dollars, in the first half of 2024, above the 9.2 billion dollars recorded in the same period last year, corresponding to an increase of 22.15 percent, that is, two billion dollars.
Tiago Dias, who was reading the final communiqué of the 118th ordinary meeting of the Monetary Policy Committee, held Thursday and Friday, in the city of Menongue, capital of the province of Cuando Cubango, said that the increase in the balance of the assets account was influenced by the increase in exports and the decrease in imports.
The governor of the central bank highlighted that export revenues increased by 4.2 percent, that is, 713 million dollars, as a result of the price of Angolan raw materials, by 7.2 percent, and the quantities exported, by 2.56 percent.
"In turn, the value of imports reduced by 17 percent, that is, 1.3 billion dollars, having gone from 7.7 billion dollars, in the same period of 2023, to 6.5 billion dollars.
Despite the reduction in imports, continued the BNA governor, imports of essential consumer goods increased by 3.43 percent, corresponding to 14.8 million dollars.
