03940oam 22011054 450 991016503640332120250426110459.0978147557564414755756459781475575675147557567X(CKB)3710000001064745(MiAaPQ)EBC4807074(IMF)1AGOEA20170011AGOEA2017001(EXLCZ)99371000000106474520020129d2017 uf 0engurcnu||||||||rdacontentrdamediardacarrierAngola : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for AngolaWashington, D.C. :International Monetary Fund,2017.1 online resource (71 pages) color illustrations, tables, graphsIMF Staff Country Reports9781475575620 1475575629 This 2016 Article IV Consultation highlights that the oil price shock that started in mid-2014 has substantially reduced Angola’s fiscal revenue and exports. Growth was estimated to come to a halt in 2016, with the nonoil sector contracting by 0.5 percent, dragged down by the industrial, construction, and services sectors. Industrial production, despite the potential for import substitution, was constrained by shortages of imported inputs owing to limited availability of foreign exchange. The current account deficit, which peaked at 10 percent of GDP in 2015, is projected to be halved in 2016–17, as imports continue adjusting to limited availability of foreign exchange.IMF Staff Country Reports; Country Report ;No. 2017/039International Monetary FundAngolaBanks and BankingimfExports and ImportsimfForeign ExchangeimfMacroeconomicsimfPublic FinanceimfFinance: GeneralimfEnergy: Demand and SupplyimfPricesimfInternational Lending and Debt ProblemsimfDebtimfDebt ManagementimfSovereign DebtimfFiscal PolicyimfInternational economicsimfPublic finance & taxationimfCurrencyimfForeign exchangeimfBankingimfFinanceimfOil pricesimfPublic debtimfExternal debtimfExchange ratesimfFiscal stanceimfFiscal policyimfDebts, ExternalimfDebts, PublicimfAngolaEconomic conditionsAngolaEconomic policyAngolaimfInternational Monetary FundBanks and BankingExports and ImportsForeign ExchangeMacroeconomicsPublic FinanceFinance: GeneralEnergy: Demand and SupplyPricesInternational Lending and Debt ProblemsDebtDebt ManagementSovereign DebtFiscal PolicyInternational economicsPublic finance & taxationCurrencyForeign exchangeBankingFinanceOil pricesPublic debtExternal debtExchange ratesFiscal stanceFiscal policyDebts, ExternalDebts, Public330.967303DcWaIMFBOOK9910165036403321Angola498560UNINA