Angola Roundup: Economic Growth, Freedom Repression, and Road Safety Issues

Angola’s GDP grew by 3.8% in 2024 due to oil sector recovery, but budgetary constraints persist. The country ranks as one of Africa’s least free nations, with ongoing repression of dissent. Road accidents resulted in over 3,000 deaths in 2024. Additionally, a missionary’s wife faces murder charges in a significant criminal case.

According to the International Monetary Fund (IMF), Angola’s economy experienced a 3.8% growth in 2024, primarily attributed to a recovery in the oil sector. However, the IMF cautions that budget consolidation has slowed due to increased capital expenditures and inadequate fuel subsidy reforms. Despite a decline in the debt-to-GDP ratio, ongoing high external debt service remains a significant economic burden, with projections indicating a moderated growth of 3% in 2025, alongside a decrease in inflation rates.

In conclusion, Angola’s economic landscape reveals a complex interplay of growth, freedom repression, and road safety challenges. The IMF’s projections underscore cautious optimism for continued growth, while human rights assessments highlight significant governance issues. Additionally, road safety remains a critical concern as fatal accident statistics rise. These factors collectively illustrate the multifaceted nature of Angola’s current socio-economic situation.

Original Source: globalsouthworld.com