Angola Weekly

Dear subscriber [name],

Here is this last week’s Angola Weekly.

Highlights:

In 2021, oil exports recorded a year-on-year drop of 13.3%, with an average value of 1.12 million barrels per day (mbd);
Data collected independently by OPEC point to a year-on-year increase of 1.13% in crude oil production in December, totaling 1.17 mbd;
From January to December 2021, Angola exported a total of 9.4 million carats of diamonds, a slight increase of 3.1% compared to the same period last year;
The Government expects to contract AOA 6.88 Trillion (Tn) in debt this year, with AOA 3.85Tn (56%) in external debt and AOA 3.03Tn (44%) in domestic debt;
At the meeting of the Monetary Policy Committee held last Friday, the BNA decided to continue to keep the various monetary policy instruments unchanged.

Best regards,
BFA

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