russ. port.
| Inflation Drops to 31 Percent In 2004, Angola's inflation rate fell to
31.01 percent, as compared to 76.6 percent in 2003. The decline
was due to strong budgetary discipline and fiscal reform policies
adopted by the Angolan government. The economy grew 12.2 percent
i n 2004, in large part due to 14 percent growth in the oil
sector. Other sectors in the economy posted an overall growth
rate of 9.1 percent. One of the most dynamic economic sectors
in 2004 was the primary sector (agriculture, fishing, cattle
raising) which grew by 14.1 percent. Government officials attribute
the sector's growth to the reintegration of former soldiers
and displaced people into their local communities. Agriculture
and fishing now make up 9 percent of Angola's Gross Domestic
Product, up from 8.4 percent in 2003. The construction sector
also posted 14 percent growth, reflecting the many reconstruction
activities now underway throughout the country.
 Embassy of Republic of Angola, 2005 |