22nd October 1999

Vol 40 N0 21

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Angola ANGOLA

Bailing in

Under Western pressure, the IMF and the World Bank are going to help Luanda

Western governments, and Washington in particular, have been pressing the International Monetary Fund to be kind to Angola. They have lined up with the Luanda government's argument that negotiations with the União Nacional para a Independência Total de Angola are necessary but will work only if UNITA's negotiator is not the untrustworthy Jonas Savimbi. Angolan officials now hope to sign up early next year to six months of monitoring by the IMF, after which the Fund would offer loans under its Poverty Reduction and Growth Facility....

(This article contains approximately 1341 words)

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Keywords:

 Jonas Savimbi, José Eduardo dos Santos, Russian, Manuel, Helder Vieira Dias, 'Kopelipa', Fernando Miala, Higino Carneiro, Teodoro Lima da Paixão Franco Júnior, Aguinaldo Jaime, Mario Palhares, South Africa, Mario Pizarro, Portugal, Sebastião Lavrador, Lopo do Nascimento, José França van-Dúnem, Scratched record, Suisse, United States, France, Japan, UK, Italy, Brazil, Spain, Joaquim David, Christine Messiant, União Nacional para a Independência Total de Angola, Caixa de Crédito Agro-Pecuário e Pescas, Banco Nacional de Angola, Banco de Poupança e Crédito, Banco de Comércio e Indústria, Banco Africano de Investimento, Banco Comercial Angolano, Banco Espírito Santo e Comercial de Lisboa, SA, Movimento Popular de Libertação de Angola, Caixa Geral de Depositos, Union des Banques Suisse, Société Générale, Banque Nationale de Paris, Banco de Fomento Exterior, Banco Totta e Açores, Banco Português do Atlântico, Banco Espírito Santo, Funda Eduardo dos Santos, Politique Africaine