The International Monetary Fund has cut Angola's preliminary growth outlook for 2025 to 2.4% from an initial 3%, it said ...

End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do ...

Angolan President Joao Lourenco’s anti-corruption drive is losing steam, threatening the country’s economic growth outlook, ...

Although Angola has made advances in its diversification efforts, the economy continues to be heavily dependent on crude oil with 94 percent of exports and 60 percent of fiscal revenues being ...

A slide in crude oil prices is increasing the likelihood that Angola will need an International Monetary Fund loan, Finance Minister Vera Daves de Sousa told Reuters, adding the government is running ...

Angola is running stress tests to gauge the potential fallout from a decline in oil prices on government finances, Finance Minister Vera Daves de Sousa said on Friday, adding that the situation made a ...

Mr. Abebe Aemro Selassie, Director of the International Monetary Fund's (IMF) African Department, met yesterday in Luanda with ...

Africa's debt has soared to more than $1.8 trillion, the African Development Bank said, leading to three sovereign debt ...

These findings are part of the IMF Executive Board's Article IV consultation report, which conducts an annual review of the Angolan economy, presented on Monday in Luanda, Angola's capital.