Angola: Promoting Sustained, Inclusive Growth and Reducing Oil Dependency

Angola: Promoting Sustained, Inclusive Growth and Reducing Oil Dependency

December 2019

The IMF has approved the second review of its largest program in sub-Saharan Africa. It has given the green light to continued financial support to Angola under the Extended Fund Facility. This will mean about $1.5 billion disbursed, of a planned total of $3.7 billion.

Luanda Bay in the capital of Angola. The country has been badly affected by volatile oil prices (photo: Ademar Rangal)

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