It is critical that the Angolan authorities get a full picture of the efficiency shortcomings of past major investments, and that bold reforms are undertaken to make public investment more efficient.
Acronyms and Abbreviations
AfDB: African Development Bank
AICD: Africa Infrastructure Country Diagnostic
ANIP: National Agency for Private Investment
APIEX: Agency for Promotion of Investment and Exports of Angola
GCI: Global Competitiveness Index
GDP: gross domestic product
GEPE: Studies, Planning and Statistics Departments
GNI: gross national income
GW: gigawatt(s)
GWh: gigawatt hour(s)
IMF: International Monetary Fund
INEA: Institute of Angolan Roads
LIDC: low-income developing country
MPLA: People’s Movement for the Liberation of Angola
MW: megawatt(s)
NDP: National Development Plan
OECD: Organisation for Economic Co-operation and Development
PEFA: Public Expenditure and Financial Accountability
PIE-X: Public Investment Efficiency Indicator
PIMA: Public Investment Management Assessment
PIP: Public Investment Programme
PNFQ: National High- and Mid-Level Staff Training Plan
PPP: public–private partnership
SIGFE: Integrated Financial Management Information System
SIGPE: Integrated System for Public Asset Management
SIPIP: Integrated Public Investment Management System
SNCP: National Procurement Service
SWF: sovereign wealth fund
UTIP: Technical Unit for Private Investment
WGI: Worldwide Governance Indicators