Angola Economic Outlook | African Development Bank ...
Angola's oildriven economy has been in recession since 2016, leading to an increase in its debttoGDP ratio from % in 2015 to an estimated % in 2020. To promote macroeconomic stability, private investment, and a more diversified economy, major reforms were introduced over the past two years— including a valueadded tax, a fiscal responsibility law, a liberalization of .