Luanda – The International Monetary Fund (IMF) foresees for Angola an average annual inflation of around 21%, in 2022, and 15%, for 2023, said Monday, in Luanda, its resident representative, Marcos Rietti Souto.
Speaking at the presentation ceremony of the IMF report on regional economic prospects for Sub-Saharan Africa, he underlined that, in the latest projections for Angola, which appear in the report released in October, the Fund also forecasts growth of 2.9% for that year and 3.4% 2023.
“The projections are encouraging, but it is important that they remain vigilant regarding economic policy, considering an external scenario of great uncertainty that we are all experiencing”, he said.
He said that agriculture is a natural sector, where “Angola was once a major producer of crops such as coffee, but there is room for the growth of telecommunications, communications, financial services and also for the manufacturing industry”.
The IMF representative recognised the efforts of the Angolan Executive to reduce the public debt.
Source: Angola Press News Agency