BFA - Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

According to statements by the Minister of State for Economic Coordination José Massano, Angola has managed to negotiate new conditions in debt payments to the China Development Bank, reducing the amounts set in the guaranteed account.
Month-on-month inflation stood at 2.6% in February, with year-on-year inflation rising to 24.1%. When compared to January's increase, this is an acceleration of 0.1 percentage points (pp) in price increases.
The Monetary Policy Committee met on 15 March in the province of Bengo and decided to raise the main key rates due to the continuing inflationary pressure.

Best regards,
BFA

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