Angola"s public debt to fall to 69.4% of GDP in 2024

Aspecto da baía de Luanda

Aspecto da baía de Luanda

  |  D.R.

Angola"s total public is expected to fall to 69.4% of GDP in 2024, compared with a forecast of 110.9% of GDP in 2019, according to a table included in a detailed report by the International Monetary Fund (IMF) recently published in Washington.

This same table shows that Angola is expected to end the year with domestic public debt of 34.4% of GDP and external debt of 76.5% of GDP, most of which are medium and long term debt. These percentages are expected to fall to 12.9% and 56.5%, respectively, in 2024.

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