Angola’s Public Debt Sustainable, Says President Lourenço, But Analysts Raise Concerns

• Angola’s public debt estimated at 55.39 billion kwanzas in 2023 remains sustainable, per President João Lourenço
• Analysts challenge the government’s economic outlook, pointing to inflation and structural imbalances

Luanda, Angola – Angola’s President João Lourenço addressed the National Assembly on Tuesday, October 15, during the opening of the new parliamentary year, presenting an optimistic view of the country’s economic status. He emphasized that Angola’s public debt, estimated at 55.39 billion kwanzas in 2023, remains sustainable. However, analysts interviewed by Allen Dreyfus in Luanda expressed doubts, suggesting that the data provided by the government lacks depth and does not accurately reflect the country’s economic challenges.