Africa Oil & Gas: IMF’s Lagarde Urges Angola to Lower Dependence on Oil

Africa Oil & Gas: IMF’s Lagarde Urges Angola to Lower Dependence on Oil

(Bloomberg) — Angola, Africa’s second-biggest oil producer, should lower the economy’s dependence on oil and its vulnerability to the commodity’s price fluctuations so that enough resources can be made available to improve living standards in the nation, International Monetary Fund Managing Director Christine Lagarde said.

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We Thought You Should Know: IMF Statement on Mozambique

Press Release No. 16/184 FOR IMMEDIATE RELEASE April 23, 2016   IMF Statement on Mozambique Mr. Michel Lazare, the International Monetary Fund (IMF) Mission Chief for Mozambique, issued the following statement today: “Following a meeting held earlier this week between Carlos Agostinho do Rosario, Prime Minister of Mozambique and Ms. Christine Lagarde, IMF Managing Director, a technical team led by the Vice-Minister of Finance, Ms. Isaltina Lucas, worked intensively with the IMF Mozambique staff team….

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In Maputo Africa Rising: IMF calls for more infrastructure and human and institutional development in sub-Saharan Africa

Investment in infrastructure and human and institutional development are the challenges for a sustainable future in sub-Saharan Africa, the director-general of the International Monetary Fund (IMF) said in Maputo Thursday.

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