ANGOLA: POLITICAL VIOLENCE AND STATE CORRUPTION IMPERIL IMF AND CREDITOR RELATIONS

ANGOLA: POLITICAL VIOLENCE AND STATE CORRUPTION IMPERIL IMF AND CREDITOR RELATIONS

   Tue, 17 November 2020

The EXX Africa survey conducted in Angola in October accurately forecast last week’s violence in Luanda. As instances of police brutality are uncovered and new corruption scandals emerge, relations with key lending partners such as the IMF and other creditors are likely to deteriorate and may push the oil producer toward a high probability of sovereign debt default next year.