LUANDA, Sept. 9 (Xinhua) -- Angola is preparing the sixth and final assessment of the extended agreement under the Extended Fund Facility of the International Monetary Fund (IMF), authorities announced here Thursday.

An IMF team is carrying out visits in an online format on Sept. 6-13, working together with the country's Ministries of Finance, Economy and Planning, Mineral Resources and Petroleum and the National Bank of Angola to prepare the assessment of the agreement, Milton Reis, the country's secretary of state for planning, told a briefing.

He added that during the online visits, the Ministry of Economy and Planning is presenting the performance assessment of the real sector of the economy up to the first half of 2021.

According to him, the country is also presenting prospects for 2022, with emphasis on the oil, natural gas and non-oil sectors, as well as the actions taken to boost the implementation of public-private partnerships.

The extended agreement under the Extended Fund Facility aims to restore external and fiscal sustainability and lay the foundation for sustainable economic diversification, with the private sector leading the market.

Among the basic pillars of the program are fiscal consolidation to bring debt to safer levels; greater exchange rate flexibility to regain competitiveness; and a supportive monetary policy to reduce inflation. Enditem

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