Angola sees 3% GDP growth in 2023 and 3.6% over next 5 years, minister says

Kitco Media
By Reuters
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Reuters
WASHINGTON, April 13 (Reuters) - Angola is forecasting economic growth of 3% this year with an increase to an average of 3.6% over the next five years on the back of an acceleration of the country's non-oil sector, its economy and planning minister told Reuters on Thursday. Oil sector growth over the coming five years is expected to average 1%, while non-oil growth would average 4.6%, Mario Caetano Joao said in an interview on the sidelines of the International Monetary Fund and World Bank spring meetings.
(Reporting by Joe Bavier and Jorgelina do Rosario; Editing by Paul Simao)

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