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Social instability to increase in Angola in coming months

Consultant Fitch Solutions said today that the Government of Angola will continue the reformist agenda in the coming quarters, but warns that the accusations of corruption pose high risks to social stability.

“We anticipate that President João Lourenço will continue with his reform agenda in the coming quarters, ensuring political continuity, but we believe that the recent allegations of corruption against his Government, together with the deterioration of economic conditions, will pose high risks for social stability “, is read in an analysis of the Angolan economy.

In the report, sent to clients and to which Lusa had access, the analysts of this consultancy owned by the same owners of the financial rating agency Fitch Ratings point out that “there has already been an increase in protests in the capital, Luanda, in September and October, in response to both news about corruption and the violent implementation of social detachment measures by police forces ”

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