Angola: Request for Stand-By-Arrangement
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Summary:
This paper discusses a request from Angola for a Stand-By-Arrangement (SBA). The requested SBA aims to support orderly policy adjustments to restore macroeconomic balances and rebuild international reserves. This program also includes a focused reform agenda aimed at medium-term structural issues on which long-term non-oil sector growth will ultimately depend. IMF staff and the authorities have agreed that, while the policy mix should consider all possible instruments geared toward achieving these objectives, fiscal policy should play the lead role in the policy package.
Series:
Country Report No. 2009/320
Subject:
Budget planning and preparation Exchange rates Fiscal policy Fiscal stance Foreign exchange Oil, gas and mining taxes Public financial management (PFM) Taxes
English
Publication Date:
December 1, 2009
ISBN/ISSN:
9781451800579/1934-7685
Stock No:
1AGOEA2009001
Pages:
85
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