Angola 2007

Angola 2007

Africa
Yearbook 2007 Angola. Large oil and diamond deposits and high world market prices helped Angola maintain the strong economic growth rate of recent years. The International Monetary Fund (IMF) estimated Angola's growth to 23 percent in 2007, but at the same time criticized the lack of transparency in the operations of state oil and diamond companies. Very large sums are believed to disappear in the pockets of the governing body. According to abbreviationfinder: AO is the 2-letter acronym for the country of Angola. The government announced that the country no longer needs foreign financial assistance and canceled negotiations with the IMF. According to CountryAAH, Luanda is the capital city of Angola. The value of this year's oil production was estimated at over US $ 30 billion; more than the OECD's…
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