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

The International Monetary Fund has cut its 2025 growth forecast for Angola to 2.4%, mainly due to concerns about the impact ...

An IMF team lead by Ms. Mika Saito visited Luanda between May 6-12 to conduct Angola’s 2025 post-financing assessment ...

Angola's economic outlook is worrisome as the IMF cuts its 2025 growth forecast to 2.4% due to lower crude oil prices and ...

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 ...

However, the IMF classifies it as being at a high risk of distress, mainly due to exposure to foreign exchange risks. About 80% of Angola's debt is in foreign currency, including oil-backed loans from ...

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

"I emphasised the IMF's readiness to continue supporting Angola's efforts," the statement quoted Abebe as saying after the meeting. Lyle and Erik Menendez, who have served 35 years of a life ...

“I emphasised the IMF’s readiness to continue supporting Angola’s efforts,” the statement quoted Abebe as saying after the meeting.