Angola expected to return to economic growth

Following a raft of measures suggested by the Word Bank to ease doing business, Angola is expected to post economic growth of 2.9% in 2019, up 0.7 percentage points from the June 2018 forecast.

The World Bank’s Global Economic Prospects report projects that the Angolan economy will have contracted by 1.8% last year but by 2020 it expects that Angola will see economic growth of 2.8%.

Angola currently ranks 173rd out of 190 countries on the World Bank’s Ease of Doing Business Index.

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