BFA - Angola Weekly

Dear subscriber [name],

Please find attached this week’s Angola Weekly.

Highlights:

The State's budget revenues (excluding capital operations) were in line with the Ministry of Finance's forecast, with an execution of 99%, with a total expenditure of AOA 14.5 Trillion (T);

Angolan public debt measured in Dollars stood at around USD 62.6 billion (B), a drop of around USD 3.8B compared to the previous year;

In February, credit in local currency was close to AOA 6.1B, a nominal increase of around 27.0% yoy;

Private sector deposits settled near AOA 14.3T in March, a nominal growth of around 8.1% yoy in February.

Best regards,
BFA

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