In the financial sector, the Kwanza's environment is assessed above all as tending to pressure a devaluation of the currency.
The MF, and by extension the BNA, show more concern in stimulating economic activity than with curbing inflation. The MF's stance continues to favor one-off interventions rather than regular injections of foreign currency, which will continue to put pressure on the Kwanza.
The situation adds to the government's unpopularity in the country's most depressed regions and the suburbs of Luanda. READ MORE