Angola Field Group

On Thursday 28 September 2017 at 19.45 the Viking Club will be visited by the  International Monetary Fund (IMF) Country Director Max Alier, who will talk about Angola’s Economy – Challenges and Outlook. 

Angola’s main economic challenge is to create conditions for a diverse economy to develop and flourish. Achieving this goal has become more difficult after the economy was hit by a sharp decline in oil prices since 2014.

The government has made important efforts to adapt to this new reality,but much remains to be done. During the presentation we will discuss about the reasons,that hinder economic diversification in Angola and the policies to tackle this challenge. We will also discuss the policies needed to address the macroeconomic imbalances,that resulted from the lower oil prices.

Dr. Max Alier became IMF’s Representative in Angola in May 2015. He is also the IMF mission chief for Cabo Verde since March 2017. Dr. Max Alier has over 20 years of experience at IMF following several years of academia.

Everybody is welcome. Beverages and snacks are sold at the Viking Bar, which opens at 19.15. Coupons must be purchased. Also, the Famous Moxico Honey and Peanut Butter, fresh from the farm, will once again be for sale.

The Viking Club has its premises on the main floor of the Edificio Maianga building, Rua Marien N’Gouabi No. 118 in Maianga, across the street from Ambassador/Agencia de Viagens/Turismo. Visit our Join Us page to see a map.

Over 150 people turned out last night for the International Monetary Fund’s (IMF) Angola Residential Representative Nicholas Staines’ presentation on the Angola economy. He told Angola Field Group participants that despite Angola’s large oil revenue, Angola is not a rich country and its long term economy should be focused on the non-oil producing sector.
 
Click here to download his presentation (30 page PDF). Dr. Staines’ webpage at www.imf.org/luanda has links to the IMF’s official reports on Angola and his own presentations and articles, as well as compilations of publicly available data.

The Angola Field Group invites you to ‘Economic Challenges Facing Angola‘ with Nicholas Staines, the International Monetary Fund (IMF) Representative in Angola. In 2009 Angola was badly affected by the global crisis but has largely restored its macroeconomic stability and is now ready to face its development challenges. The presentation will focus on the medium-term macroeconomic challenges* facing the country.

Everybody is invited to attend the presentation, Thursday, February 21, at 8:00 PM at the Viking Club. Our presenter, Nicholas Staines, became the IMF’s Representative in Angola in early 2011. He has been with the IMF for some 15 years, much of it working on Sub-Saharan Africa. He joined the Fund from the private sector as a macroeconomic forecaster following several years in academia.

In close cooperation with the Viking Club, this event is offered free of charge. Beverages and snacks are sold at the bar which opens at 7:30 PM. The Viking Club is on the main floor of the Edificio Maianga,  Rua Marien N”Guabi, No 118 across from Panela da Barro, on the same side of the street as the Suite Hotel. For a map, click here and you will be directed to our Join Us page. For sale on Thursday, hand woven baskets from Moxico and various books.

* The need to scale up capital infrastructure spending (water, electricity, roads, housing) while at the same time preserving macroeconomic stability.