Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

Net International Reserves (NIR) amounted to USD 11.8 billion (Bn) at the end of 2019;
According to BNA data, the NPLs were 34.6% of total loans in September 2019;
Angola's score in the Corruption Perceptions Index went up 7 points, to 26 points in 2019;
Until September, Angolan fiscal accounts saw a surplus of AOA 684 Bn, which would be equivalent to around 2.8% of GDP during the period;
Production in the Agogo field, in Block 15/06, started in the middle of January, at around 0.01 million barrels per day (mbd), rising to 0.02 mbd during 2020;
Blocks 27, 28 and 29, from the October 2019 auction, were awarded.

Best regards,
BFA

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