On October 23, the consulting firm Fitch Solutions upgraded Angola's growth estimate from 3.5% to 4% this year but forecasted economic expansion to slow to 1.8% in 2023 due to difficulties in the oil sector.
"At Fitch Solutions, we forecast Angola's Gross Domestic Product (GDP) to grow 4% in 2022, up from an estimated 0.6% in 2021, evidencing an upward revision . . .
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