Deutsch-Angolanische
Wirtschafts-Initiative e.V.

  

Angola’s economic growth revised upwards by IMF

Angola’s economy is expected to grow by 2.2% this year and 2.4% in 2019, up by 0.6 percentage points and one percentage point than forecasts in the World Economic Outlook for October 2017, the International Monetary Fund announced on Tuesday, April 17th, in Washington.

The IMF, which is holding its Spring Meetings this week, said the upward review of real growth rates is based on rising oil prices, “which increase disposable income and improve economic sentiment.”

Angola, whose economy posted real economic growth of 0.7% in 2017, is expected to register real growth of 4.0% in 2023, according to IMF forecasts.

 



Washington, 17. April 2018
IMF

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