Angola : Staff Report for the 2012 Article IV Consultation and Post Program Monitoring.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2012/215

IMF Staff Country Reports

Language:

English

Subjects (All):

Monetary policy--Angola.

Monetary policy.

Foreign exchange rates--Angola.

Foreign exchange rates.

Physical Description:

1 online resource (76 p.)

Edition:

1 ed.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2012.

Language Note:

English

Summary:

The Angolan government’s efforts to achieve macroeconomic stability to bring inflation and fiscal deficit considerably down are paying off despite high vulnerability to oil revenue shocks. The expected overall growth of up to 7 percent will be contributed to by increased oil production, multiple public investment programs, tax administration reforms, and inflation control. Concentrating on a medium-term fiscal framework, structural transformation and diversification are expected to reinforce the economy. The Executive Board, which welcomed the Stand-By-Arrangement and Financial Sector Assessment Program (FSAP), suggested removing exchange restrictions.

Contents:

Cover; CONTENTS; BACKGROUND; RECENT ECONOMIC DEVELOPMENTS; OUTLOOK, RISKS, AND POLICY CHALLENGES; GETTING THE POLICY MIX RIGHT; A. Fiscal Policy; B. Monetary Policy; BOX; 1. The BNA's New Monetary Policy Operational Framework; C. Financial Sector Policy; ENABLING STRUCTURAL TRANSFORMATION; POST-PROGRAM MONITORING; STAFF APPRAISAL; TABLES; 1. Main Economic Indicators, 2009-2013; 2a. Fiscal Operations of the Central Government, 2009-2013; 2b. Fiscal Operations of the Central Government, 2009-2013; 2c. Fiscal Operations of the Central Government, 2009-2013

2d. Statement of Central Government Operations, 2007-2013 (GFSM2001)2e. Statement of Central Government Operations, 2009-2013 (GFSM2001); 3. Monetary Accounts, 2009-2013; 4. Balance of Payments, 2009-2017; 5. Medium-Term Scenario, 2009-2017; 6. External and Public Debt, 2009-2013; 7. Indicators of Capacity to Repay the Fund, 2009-2016; 8. Financial Soundness Indicators 2003-March 2012; APPENDICES; I. Investing in Oil Revenue in Angola; II. Rewriting Recent Fiscal History; III. Exchange Rate Assessment; IV. Reserves Adequacy Assessment; V. Foreign Exchange System

ANGOLA: STAFF REPORT FOR THE 2012 ARTICLE IV CONSULTATION AND FIRST POST PROGRAM MONITORING-DEBT SUSTAINABILITY ANALYSISDEBT SUSTAINABILITY ANALYSIS; Tables; Table 1. Angola: External Debt Sustainability Framework, 2007-2017; Figures; Figure 1. Angola: External Debt Sustainability: Bound Tests 1/ 2/; Table 2. Angola: Public Sector Debt Sustainability Framework, 2007-2017; Figure 2. Angola: Public Debt Sustainability: Bound Tests 1/ 2/; CONTENTS; I. FUND RELATIONS; II. JOINT IMF-WORLD BANK MANAGEMENT ACTION PLAN; III. STATISTICAL ISSUES; IV. TABLE OF COMMON INDICATORS REQUIRED FOR SURVEILLANCE

ANGOLA: STAFF REPORT FOR THE 2012 ARTICLE IV CONSULTATION AND FIRST POST-PROGRAM MONITORING-SUPPLEMENTARY INFORMATION AND DRAFT PUBLIC INFORMATION NOTICEStatement by Momodou Saho, Alternate Executive Director for Angola July 11, 2012; Recent economic developments and medium term outlook; Fiscal policy; Monetary and financial sector developments; Structural reforms; First post program monitoring

Notes:

Description based upon print version of record.

Description based on print version record.

ISBN:

9781475512366

1475512368

9781475540574

1475540574

9781299264410

1299264417

9781475516302

1475516304