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IMF Downgrades Angola’s Growth Forecast Amid Oil Woes
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IMF Downgrades Angola’s Growth Forecast Amid Oil Woes
The International Monetary Fund’s revised growth forecast for Angola serves as a stark reminder of the precarious position of oil-dependent economies in an increasingly volatile global market. The downgrade to 2.1% from 2.4% for 2025, primarily due to weaker oil exports, underscores the challenges Angola faces in maintaining economic stability amidst fluctuating oil prices and production… Source
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