Angola With the Highest Growth in the Last Nine Years

Luanda — Angola experienced, in the first quarter of 2024, the highest economic growth in the last nine years, with the successive slowdown in inflation.

According to a government report, this performance is the result of the effect of exchange rate stability, the gradual withdrawal of fuel subsidies and the updating of public transport prices.

Another factor pointed out in the document is the increase in the supply of nationally produced goods, as reflected in the Gross Domestic Product (GDP),…