"Angola Country Risk Report Q4 2015" Published

From: Fast Market Research, Inc.
Published: Mon Sep 28 2015


Increasing production in Angola's oil sector will help support real GDP growth this year. However, our bearish outlook on oil prices following their collapse in H214 means we expect a negative impact on other areas of Angola's oil dependent economy, forecasting real GDP growth at just 2.4% in 2015 and 3.7% in 2016.

Angola's current account will record a sustained deficit after the collapse in oil prices has damaged export revenue. Growth in imports and a negative outlook for oil prices will result in a slow recovery for the current account, with kwanza weakness to persist as a result.

Social instability in Angola will grow as the population feels the pinch from rising prices and cuts in government spending. While this will not reach the critical mass needed to effect regime change, it will raise concerns over the question of President Jose Eduardo Dos Santos' succession.

Full Report Details at
- http://www.fastmr.com/prod/1052857_angola_country_risk_report_q4.aspx?afid=302

Further inflation growth from a weakening currency will cause Angola's central bank to continue its hiking cycle to year-end. However, any rate hikes will be minimal as the acceleration in prices slows down and the Angolan economy moves away from one-off price shocks seen this summer.

Angola's fiscal budget will record a deficit until 2018 following the collapse in oil prices in H214. This is despite efforts by the government to cut back on both capital and current expenditure and will cause external debt to rise to dangerous levels .

Major Forecast Changes

We have made some major revisions to our forecasts following the structural move lower oil prices during the final months of 2014. We now forecast weaker real GDP growth, deeper fiscal and current account deficits and a higher external debt burden.

Key Risks To Outlook

Our forecasts, as always, remain subject to the myriad uncertainties associated with oil production and exploration in Angola, along with volatility in global oil prices.

The Angola Country Risk Report helps businesses with market assessment, strategic planning and decision making to promote growth and profitability in Angola. It is an essential tool for CEOs, Chairmen, Finance Directors/CFOs, Managing Directors, Marketing/Sales Directors with commercial interests in this emerging market.

An influential new analysis of Angola's economic, political and financial prospects through end-2019, just published by award-winning forecasters, BMI? Research.

Key Uses

* Forecast the pace and stability of Angola's economic and industry growth through end-2019.
* Identify and evaluate adverse political and economic trends, to facilitate risk mitigation.
* Assess the critical shortcomings of the operating environment that pose hidden barriers and costs to corporate profitability.
* Contextualise

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001

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