01918cas a2200241 a 4500 AALejournalIMF015589 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513547855 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Angola : Selected Issues. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (60 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper assesses macroeconomic fiscal risks and the benefits of improved fiscal risk management in Angola. Angola faces fiscal risks coming from multiple sources, such as volatility in oil prices and production, macroeconomic shocks, weak macroeconomic forecasting; weaknesses in public fiscal management, energy subsidies, potential delays of oil revenue transfers from the state-owned oil company Sonangol to the Treasury, and contingent liabilities from state-owned banks and enterprises. Addressing these risks requires action in various fronts, including more transparent fiscal reporting, improved forecasting of fiscal aggregates and other macroeconomic variables, developing a fiscal stabilization fund with more flexible deposit and withdrawal rules, strengthened public expenditure controls, and more timely oil revenue transfers from Sonangol to the Treasury. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2015/302 Full text available on IMF http://elibrary.imf.org/view/journals/002/2015/302/002.2015.issue-302-en.xml IMF e-Library