UID:
edocfu_9958069680202883
Format:
1 online resource (56 p.)
ISBN:
1-4755-2345-9
,
1-4755-5166-5
Series Statement:
IMF country report ;
Content:
This report discusses Angola’s sixth review under the Stand-By Arrangement (SBA) and request for waivers of nonobservance of performance criteria. Three years after the abrupt decline in world oil prices that severely impacted its economy, Angola has reached a sharply improved fiscal position, a more comfortable level of net international reserves, and a stable exchange rate. The authorities have embarked on far-reaching institutional reforms to enhance accountability in public spending and predictability in oil revenue transfers.
Note:
Description based upon print version of record.
,
Cover; Contents; I. Recent Economic Developments and Outlook; II. Program Performance and Policy Discussions; A. Program Performance in late 2011; B. Corrective Measures to Bring the Program on Track and Enhance Accountability in Public Spending and Predictability in Oil Revenue Transfers; C. Policies for 2012: Building Buffers to Cope with Global Uncertainty; III. Post-Program Monitoring; IV. Staff Appraisal; Boxes; 1. Angola's SBA: Initial Conditions, Achievements, and Challenges Ahead; 2. The New Foreign Exchange Law for the Oil Sector; Figures; 1. Performance Among Peers, 2006-2011
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2. Recent Economic Developments, 2008-20123. Quantitative IMF Program Performance, 2010-11; 4. External Sector Developments, 2008-2012; 5. Monetary and Financial Sector Developments, 2008-2011; Tables; 1. Main Economic Indicators, 2008-2012; 2a. Fiscal Operations of the Central Government, 2008-2012; 2b. Fiscal Operations of the Central Government, 2008-2012; 2c. Fiscal Operations of the Central Government, 2008-2012; 3. Monetary Accounts, 2008-2012; 4. Balance of Payments, 2008-2012; 5. Illustrative Medium-Term Scenario, 2009-2016; 6. External Financing Requirements and Sources, 2009-2012
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7. Banking System Financial Soundness Indicators, 2003-20118. Indicators of Capacity to Repay the Fund, 2009-2016; 9. Reviews and Disbursements under the 27-month Stand-By Arrangement; 10. Quantitative Performance Criteria (PCs) and Indicative Targets (ITs), 2011; 11. Structural Reform Measures Under the Stand-By Arrangement; Appendices; I. Letter of Intent; II. An Update on Clarifying the Unexplained Residual in the 2007-2010 Fiscal Accounts
,
English
Additional Edition:
ISBN 1-4755-0902-2
Additional Edition:
ISBN 1-4755-0342-3
Language:
English
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