Credit to Economy Reaches AKZ 7.23 Trillion in February

Mo§smedes: The stock of credit to the economy in national currency reached 7.23 trillion kwanzas in February, marking a 0.37% (26.88 billion kwanzas) expansion compared to January's 2.55% contraction, ANGOP has learnt.

According to Angola Press News Agency, a communiqu© from the 128th meeting of the Monetary Policy Committee (CPM) of the National Bank of Angola (BNA) indicated that in year-on-year terms, there was an expansion of 18.56%.

Regarding the external sector, the document states that the accumulated balance of the goods account was 2.45 billion USD in the first two months of the year, compared to 2.83 billion USD in the same period of 2025. This represents a reduction of 377.06 million USD, resulting from a 453.51 million USD drop in export value.

Regarding the stock of international reserves, the BNA reported that it stood at 15.93 billion US dollars, representing a coverage level of 7.4 months of imports of goods and services.

The CPM met on March 11 and 12, 2026, in Mo§Smedes, in the province of Namibe, to evaluate recent developments in the national and international economies, as well as the macroeconomic outlook and risks to price stability.