Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.


•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.

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