Angola calls on IMF as loss of oil income batters economy
In depth
Issue 321
- 15 Apr 2016
| 4 minute read
Angola has sought help from the International Monetary Fund (IMF) to help reform its economy, discussing a three-year programme to combat the effects of prolonged low oil prices. An IMF programme will mean Angola will have to be more transparent in its finances, and implement the reforms that have been talked of for years with little result. Discussions are expected to start at the IMF and World Bank spring meetings in Washington on 15-17 April.
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