Friends of Angola

By allAfrica.com Luanda — The International Monetary Fund (IMF), in the framework of the technical assistance provided to the Republic of Angola, has recommended improving the process of execution of the State Budget (OGE), controlling the stages of public spending and purchasing procedures, despite of the efforts made by the Government, informed the consultant of…

By – Associated Press JOHANNESBURG — The International Monetary Fund says it has approved a three-year loan of about $3.7 billion for Angola, which seeks to diversify its economy and curb corruption after a new president took office last year. The IMF said Friday that the loan aims to help the southern African country restructure…