Angola sees 2011 GDP growth at 3.7%

Published Oct 18, 2011

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Angola's economy is likely to grow 3.7 percent this year from 3.4 percent last year, President Jose Eduardo dos Santos said in a state of the nation address on Tuesday.

Dos Santos said economic growth was likely to accelerate to 12 percent next year. Though still a challenge, inflation would end this year below 12.0 percent, he added. Annual headline inflation was at 11.91 percent in September. - Reuters

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