[2019-02-11] Angolan central bank improves Balance of Payments and International Investment Position statistics

Source: Macauhub

The National Bank of Angola has revised the Balance of Payments and International Investment Position statistics for the period from 2010 to 2015, as a result of updated data on direct and portfolio investment, the central bank said.

The Angolan central bank also said in a statement that the review aims to improve the quality of the macroeconomic statistics that it produces, namely statistical coverage in the accounts of goods and services as well as in relation to foreign direct investment in Angola and abroad by sector (oil and non-oil), as well as the countries of origin of foreign direct investment and destination countries for Angolan direct investment.

The statement added that the central bank will start publishing information on the import coverage ratio, not only in terms of Gross International Reserves, but also Net International Reserves, as well as the disclosure of data on total (gross) external debt by sector.

Information on the Balance of Payments and International Investment Position statistics is summarised in the Report on the Balance of Payments and International Investment Position published at http://www.bna.ao/Conteudos/Artigos/lista_artigos_medias.aspx?idc=15665&idsc=16157&idl=1.