Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

  • Last week, Fitch held Angola credit rating unchanged at CCC, predicting real GDP growth of 0.1% in 2021;

  • Last week, the President of the Republic appointed Mário Augusto Caetano João as the Minister of Economy and Planning (MEP); the 4th Minister since the beginning of this legislature;

  • Last Wednesday, the National Assembly unanimously approved the Law Proposal of Angolas Central Bank;

  • Net international reserves closed the month of August at USD 9.9 Bn, an increase of USD 1.67 Bn compared to July;

  • The Government decided last week to suspend the payment of customs duties on some food products, among other measures.



Best regards,
BFA


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