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This first edition of the IMF Glossary: English-French-Portuguese contains approximately 3,000 records that are believed to be the most useful to translators dealing with IMF material. The main body of the Glossary consists of terms, phraseological units, and institutional titles covering areas such as macroeconomics, money and banking, public finance, taxation, balance of payments, statistics, accounting, and economic development. It contains terminology relating to the IMF’s organization and operations, as well as from the Articles of Agreement, By-Laws, Rules and Regulations, and other major IMF publications. Easy to use: since the Glossary is concept-based, synonyms are consolidated into one single entry. Cross-references refer to the main entry under which the various synonyms are listed (“see”) and also draw the user’s attention to terms that are related but not synonyms (“see also”). Currency units of countries and monetary unions, an IMF organizational chart in the three languages, and color-coded French and Portuguese indexes are provided in appendixes.

International finance --- Dictionaries, Polyglot --- Finance --- Business & Economics --- International Finance --- Dictionaries, Multilingual --- Languages, Modern --- Multilingual dictionaries --- Polyglot dictionaries --- Encyclopedias and dictionaries --- Language and languages --- International monetary system --- International money --- International economic relations --- Polyglot --- International Monetary Fund --- Polyglot. --- Internationaal monetair fonds --- International monetary fund --- Economic sectors --- Economics of specific sectors --- Economics --- Economics: General --- Informal Economy --- Informal sector --- Monetary economics --- Monetary Policy --- Monetary policy --- Money and Monetary Policy --- Underground Econom

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The economic outlook has deteriorated since the First Review. Real GDP is expected to contract in 2019, driven by lower-than-expected oil production. Disinflation is expected to halt, inter alia because of increases in regulated prices. Beyond 2019, lower oil prices and slower recovery in oil production are expected to weigh on oil exports and put pressure on the external current account and international reserves. While the rapid depreciation of the exchange rate has led to a sizable increase in the debt-to-GDP ratio, the ongoing fiscal retrenchment will help shield public expenditure from oil-price volatility and reverse the public debt trend.

Economic stabilization. --- Fiscal policy. --- Arrears --- Currency --- Debt Management --- Debt --- Debts, External --- Debts, Public --- Energy: Demand and Supply --- Exchange rates --- Exports and Imports --- External debt --- Finance --- Financial Risk Management --- Foreign Exchange --- Foreign exchange --- Government and the Monetary System --- International economics --- International Lending and Debt Problems --- Macroeconomics --- Monetary Systems --- Money --- Oil prices --- Payment Systems --- Prices --- Public debt --- Public finance & taxation --- Public Finance --- Regimes --- Sovereign Debt --- Standards --- Angola

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Angola’s macroeconomic environment is challenging. The oil price shock has significantly reduced fiscal revenue and exports, bringing to the forefront the need to address more forcefully vulnerabilities and diversify the economy, and better manage oil revenue volatility. The authorities have taken important policy steps to mitigate the impact of the shock: the revised budget for 2015 envisages a significant improvement in the non-oil primary balance, mainly through spending cuts; and the kwanza is being devalued, with international reserves being used to smooth the depreciation. But additional policy adjustments will be needed as the economy adjusts to what appears to be permanently lower oil revenues.

Currency --- Debt Management --- Debt --- Debts, External --- Debts, Public --- Energy industries & utilities --- Energy subsidies --- Energy: Demand and Supply --- Exchange rates --- Expenditures, Public --- Exports and Imports --- External debt --- Foreign Exchange --- Foreign exchange --- Government and the Monetary System --- International economics --- International Lending and Debt Problems --- Macroeconomics --- Monetary Systems --- Money and Monetary Policy --- Oil prices --- Payment Systems --- Prices --- Public debt --- Public finance & taxation --- Public Finance --- Regimes --- Sovereign Debt --- Standards --- Angola