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Angola Is 'Totally Committed' to Fight Inflation, Minister Says.
In: Bloomberg.com, 2024-01-17, S. N.PAG
Online
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Zugriff:
Angola's central bank is committed to addressing high inflation rates and reducing the country's dependence on imports, according to Finance Minister Vera Daves de Sousa. In December, Angola's annual inflation rate reached a 17-month high of 20%. The central bank has raised interest rates and is managing liquidity in the system to combat inflation. The government is also implementing structural measures to diversify the economy and increase local production. Angola's finance minister expects economic expansion of 2.8% in 2024, with the non-oil sector driving growth. The country is also focused on increasing oil production, which accounts for over 90% of exports. [Extracted from the article]
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Angola Is 'Totally Committed' to Fight Inflation, Minister Says.
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Autor/in / Beteiligte Person: | Almeida, Henrique ; Amin, Haslinda |
Zeitschrift: | Bloomberg.com, 2024-01-17, S. N.PAG |
Veröffentlichung: | 2024 |
Medientyp: | serialPeriodical |
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