Expert considers the country’s growth to be sustained in the non-oil sector

Expert considers the country’s growth to be sustained in the non-oil sector

The economist at the International Monetary Fund (IMF), who coordinated the report on sub-Saharan Africa, Thibault Lemaire, considered, this Monday, that Angola’s growth this year is supported by the non-oil sector and predicts high inflation.

“The Angolan economy remained resilient last year; after recovery in 2021 and 2022, in 2023 it was hit hard by a decline in oil production and prices, coinciding with the end of the moratorium on debt payments, following of the suspension of payments due to the covid-19 pandemic”, said the expert cited by Lusa.

Thibault Lemaire was speaking at the end of the IMF and World Bank Annual Meetings, which took place until Saturday in Washington.

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