Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

  • In the first quarter of 2020, the current account had a surplus of USD 1.2 billion - on average the surplus was USD 1.3 billion in 2019;

  • According to the National Institute of Statistics, economic sentiment worsened again in Q1 2020, to -16 points (-4 in Q4 2019);

  • In June, BODIVA traded more than 150.5 billion of Kwanzas in public debt, breaking the record registered in March (AOA 132 Billion);

  • The draft law that approves the Revised State Budget for 2020 will be voted tomorrow at an extraordinary plenary meeting of the National Assembly.



Best regards,
BFA


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