Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

  • At the Monetary Policy Committee meeting held last Friday, July 14, the National Bank of Angola (BNA) decided to increase the interest rate on the Permanent Facility for Providing Liquidity to 17.50% (+50 bp).

  •  Angola and the Democratic Republic of Congo (DRC) reached an agreement on the terms for oil exploration in the Zone of Common Interest (ZIC).

  • The Government has approved a series of emergency measures taking into account the recent worsening of economic conditions.



Best regards,
BFA


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