Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

In January, national year-on-year inflation rose to 27.66%, the 10th consecutive month of rise and the highest value since July 2017.
Net International Reserves (NIR) closed January 2022 at USD 10.8 billion (bn), representing an increase of USD 767 million compared to the last month of 2021, and the highest value since May 2020.
According to BNA data and BFA calculations, the trade balance in goods likely closed 2021 with a surplus of USD 21.3bn, an improvement of USD 9.9bn.
The Government expects to take on AOA 6.88 Trillion (Tn) in debt this year – AOA 3.83Tn in external debt and AOA 3.05Tn in domestic debt.

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BFA

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