Africa-Press – Angola. The stock of Angolan public debt fell from 72 billion US dollars (1 USD is worth 837 kwanzas), in 2022, to 66 billion, in 2023, a fact that demonstrates the continuous decreasing trend of this liability.
According to the director of the Public Debt Management Unit (UGDP), Dorivaldo Teixeira, the Angolan Executive has optimized the debt profile, which allows positive forecasts to be made.
The technician, who was speaking this Friday, in Washington, United States of America (USA), within the framework of the annual meetings of the International Monetary Fund (IMF) and the World Bank (WB), considered it necessary to create conditions to optimize the respective debt, without impacting its performance and the execution of public expenditure.
In the event, which takes place from the 15th to the 21st of this month, Angola participates with a delegation led by the Minister of Finance, Vera Daves de Sousa, with a focus on attracting foreign direct investment.
The annual meetings of the BM and IMF, addressed to ministers and central bank governors, bring together the main figures from the international economic and financial scene, aiming to address the global macroeconomic situation, as well as concrete issues of the African and Angolan regional situation, in particular.
The meeting also brings together business leaders from the private sector, representatives of civil society organizations, academics and parliamentarians, to debate global economic perspectives, the eradication of poverty, economic development and the efficiency of support.
Angola has been a member of the World Bank and the International Monetary Fund since 1989 and, in recent years, has been cementing its relationship with these institutions, through specific programs, with a view to improving the management and consolidation of national accounts, improving investment mechanisms and the promotion of the country’s economic and social growth.
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