31st March 2006

Vol 47 N0 7

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Angola ANGOLA

Election budget

Oil, China and a bid for votes are driving the world's fastest growing economy

This week, an International Monetary Fund team is in Luanda to assess Angola's staggering economic boom; the Fund expects gross domestic product to grow by 27.6 per cent next year. Finance Minister José Pedro de Morais quietly announced at the beginning of the year that state spending would almost double, in the country's biggest-ever budget....

(This article contains approximately 1539 words)

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Keywords:

 José Pedro de Morais, China, John Shields, Foreign credit still on the increase, United States, Cuban, Ari de Carvalho, Bastos de Almeida, Portuguese, Congo-Kinshasa, Tanzania, Desenvolvimento, Aguinaldo Jaime, Brazil, José Eduardo dos Santos, South African, Africa Confidential, Agência Nacional para o Investimento Privado, Banco Nacional Angolano, Banco de Desenvolvimento, de Angola, Comissão Nacional Eleitoral, Movimento Popular de Libertação de Angola, Banco Africano de Investimentos, Banco Comercial Angolano, Banco de Negócios Internacionais, Banco Sol, Banco Keve, Banco Internacional de Credito, Banco de Poupança e Crédito, Banco de Comercio e Industria, Banco do Fomento Angola, Banco Espirito Santo