Africa Monitor Intelligence
Angola: Economic Troubles With No Solution in Sight
The combined effect of inflation and rising unemployment has a negative impact on private consumption and, above all, on the trade sector, creating another negative pressure on the economy.
There is also a significant social impact, with the worsening of the living conditions of the population, already in the past of great difficulties. The situation contributes to increased social discontent and the possibility of protests. The centralization of power, including economic, in PR JOÃO LOURENÇO, tends to expose him to criticism and to lead to an even greater wear of his image. READ MORE