Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

  •  In September, year-on-year inflation was 18.16%, a drop of 1.61 percentage points (p.p) compared to August - the eighth consecutive month of decline in 2022;

  • The International Monetary Fund (IMF) expects the Angolan economy to grow 2.9% in 2022;

  • Banco Económico approved the capital restructuring at its shareholders’s meeting, which involved the transformation of deposits into equity for the largest depositors.



Best regards,
BFA


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