Angola raised its economic growth forecast for 2023, citing positive performance from the oil sector. The government now projects a GDP growth rate of 3.58% this year, up from 3.3% projected in its 2023 budget. The economy is expected to continue to grow with a predicted rise of 3.91% in 2024, 2.42% in 2025, with an average growth rate of 3.68% in the 2023-2027 period. Other sectors, such as agriculture, are expected to contribute to maintaining long-term economic growth.