The Economic Planning Board in partnership with Standard Bank held a Seminar with the theme Outlook & Update of the Angolan Economy – that took place on November 19th  at Hotel Trópico.

The Speaker Faussio Mussa, Chief Economist at Standard Bank – Mozambique and Angola addressed various topics:

  • Economic and social landscape post 24 August 2022 general elections and outlook
     
  • Angolan reliance on oil sector and its implications
     
  • Medium-term outlook: subdued investment, and moderating oil prices
     
  • Oil sector performance versus non-oil economy
     
  • Balance of payments current account developments and outlook
     
  • Foreign exchange liquidity and FX rate outlook
     
  • Inflation and monetary policy
     
  • Fiscal performance
     
  • Reform progress, ease on doing business, investment climate and opportunities

The session took about 2 hours with also a section reserved for Question and answers with around 40 members present.