Analysis by Region - Emerging Markets - Angola
In line with the deterioration in our near-term global economic outlook and lower oil price forecast, we now expect Angola's economy to expand by 2.5% in 2022 versus our previous projection of 3.0%. Real GDP growth is still expected to be buoyed by much-improved oil revenues compared with last year, the ramp-up in production from oil project start-ups, and increased investment in the energy sector.
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