Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

•The Angolan central bank kept the various monetary policy instruments unchanged at the last Monetary Policy Committee on January 27th;
•Legislation was enacted authorizing the issuance of Treasury Bonds and Bills for 2020, up to the limits established by the State Budget;
•Last Wednesday, several proposals were examined and approved by the Council of Ministers, with the purpose of improving the business environment;
•Sonangol announced that it had launched a public tender, ended on January 30, to sell stakes held in six tourism-related companies, although no results of the tender were publicly disclosed;
•Due to the impact of the new coronavirus on the Chinese economy, Brent has declined by around 10 Dollars over the past few weeks, trading close to USD 55.

Best regards,
BFA

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