Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

The price of gasoline rose 87.5% to AOA 300 per litre, as part of the Angolan Government's strategy for the gradual removal of fuel subsidies;
At that time, we believe that this measure is also an ingredient to accelerate monthly inflation along with the depreciated exchange rate;
Interest rates on the Interbank Money Market, Luibor, are rising in line with the rising pace of rates for open market operations (OMO) with repurchase agreements.

Best regards,
BFA

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