Angola

BMI View: The response of the Angolan authorities - both in terms of exchange rate policy and monetary policy - to ongoing economic difficulties has been inadequate, in our view.... 2009-05-29

BMI View: We are forecasting an economic contraction of 0.8% for Angola in 2009. Growth will be dragged down by declining government spending and a sharp slowdown in the real growth... 2009-04-29

BMI View: We are forecasting an economic contraction of 0.8% for Angola in 2009. Growth will be dragged down by declining government spending and a sharp slowdown in the real growth... 2009-04-29

BMI View: We believe that the 5.0% devaluation of the Angolan kwanza - a move we have been predicting - could prove sufficient to alleviate the pressure stemming from poor oil revenues,... 2009-04-17

Credit continues to flow in from China, despite the economic turmoil currently being suffered by the Asian nation. In March, Angola was reportedly offered more than US$1bn in loans... 2009-03-26

BMI View: The Angolan kwanza is set to remain under depreciatory pressure over the coming months amid subdued oil prices. We see scope for a devaluation of the pegged currency to AOA80.00/US$... 2009-03-26

BMI View: In 2009, Angola will experience a recession for the first time since 1993, in our view. Reduced oil exports and declining government spending will result in a forecast... 2009-03-11

BMI View: Angola's economy minister, Manuel Nunes, announced in mid-February that the country is expected to register growth of over 3% in 2009. We are more bearish, forecasting economic... 2009-02-26

BMI View: Soaring demand for US dollars on February 13 underscores our expectation for a devaluation of the Angolan kwanza. We believe a move to AOA80.00/US$ could take place over... 2009-02-17

Angola's ruling MPLA party announced in mid-January that it expects parliament to approve a new constitution within four or five months, paving the way for the first post-war presidential... 2009-02-03