Angola : First Review of the Extended Arrangement Under the Extended Fund Facility, Requests for a Waiver of Nonobservance of a Performance Criterion, and Modifications of Performance Criteria, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Angola.

A 36-month Extended Arrangement under the Extended Fund Facility (hereafter the 'arrangement') was approved last December, with access of SDR 2,673 million (361 percent of quota). Lower international oil prices would reduce oil revenues, widen the current account deficit, and stymie growth...

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Podrobná bibliografie
Korporativní autor: International Monetary Fund. African Dept
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2019.
Edice:IMF Staff Country Reports; Country Report ; No. 2019/170
On-line přístup:Full text available on IMF
Popis
Shrnutí:A 36-month Extended Arrangement under the Extended Fund Facility (hereafter the 'arrangement') was approved last December, with access of SDR 2,673 million (361 percent of quota). Lower international oil prices would reduce oil revenues, widen the current account deficit, and stymie growth recovery. The authorities are implementing a proper policy response to the weakened outlook, through a conservative supplementary budget for 2019, alternative sources of cheaper financing, and progress toward a more flexible exchange rate regime.
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Fyzický popis:1 online resource (94 pages)
Médium:Mode of access: Internet
ISSN:1934-7685
Přístup:Electronic access restricted to authorized BRAC University faculty, staff and students