BFA - Angola Weekly

Dear subscriber [name],

Please find attached Angola´s weekly highlights:

  • The Monetary Policy Committee (MPC) of the Central Bank of Angola (BNA) held its meeting on July 17–18 in the city of Soyo, having decided to keep all benchmark interest rates unchanged – the BNA rate remains at 19.5%, the Lending Facility at 20.5%, and the Deposit Facility at 17.5%;

  • Money supply continues to expand, albeit at a much more moderate pace compared to last year, reflecting a slowdown in money creation;

  • According to data from ANPG, oil production again contracted in the second quarter of 2025, falling by roughly 10% year-on-year to 1.0 million barrels per day, reflecting the structural downward trend in domestic crude output.



Best regards,
BFA


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