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Macro Poverty Outlook for Angola : April 2023 (Английский)

Growth accelerated in 2022 due to increased oil production and higher oil prices allowing for an expansive fiscal stance in an election year. With an appreciating currency and food prices easing, inflation declined rapidly, and poverty fell to 32.7 percent. Growth is expected to moderate in the near-term, bogged down by the oil sector. Risks are elevated due to excessive dependence on oil revenue, with policies aimed at removing market distortions...
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