Angola’s Economic Forecasts Draw Praise and Scrutiny

• Economist questions National Bank of Angola’s higher-than-expected growth and inflation projections
• Inflation expected to drop to 27% by year-end, with economic growth forecasted at 4%

Luanda, Angola – Angola’s National Bank (BNA) has painted a cautiously optimistic picture of the nation’s economy, forecasting 4% growth and a reduction in inflation to 27% by the end of 2024. However, some experts remain unconvinced, with economist Carlos Rosado de Carvalho raising doubts over the credibility of these projections, which exceed estimates by both the government and international institutions.