Republic of Angola Poverty and Social Impact Analysis : Subsidy Reform and Extension of Social Protection Program
As the second largest African oil producer, Angola had unsustainable government expenditures in effect until 2014 due to the drop in international oil prices. The Government responded with a comprehensive reform program including the gradual elimin...
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Online Access: | http://documents.worldbank.org/curated/en/2016/08/26674285/angola-poverty-social-impact-analysis-subsidy-reform-extension-social-protection-program http://hdl.handle.net/10986/25105 |
| Summary: | As the second largest African oil
producer, Angola had unsustainable government expenditures
in effect until 2014 due to the drop in international oil
prices. The Government responded with a comprehensive reform
program including the gradual elimination of most fuel
subsidies and an extension of the social protection program
Cartao Kikuia. This report analyzes the impact of those
reforms on poverty using micro-level simulations based on
the most recent household consumption survey IBEP (2008).
First, household data is projected to 2015 incorporating
changes in population numbers as reported by the Population
Census 2014. Second, the impact of the subsidy reforms is
estimated by applying the price changes due to the reform to
household budgets. Third, the extension of the Cartao Kikuia
program is simulated as a cash transfer by adjusting budgets
of targeted households with the non-cash benefit from Cartao Kikuia. |
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