Angola. According to
countryaah, President Josť Eduardo dos Santos celebrated his
30th birthday in September without giving any hint of plans
to step down. The presidential election that was scheduled
to be carried out during the year was postponed until the
parliamentary commission that writes a new constitution
should be able to finish its work.
After the end of the 27-year-long civil war in 2002, the
Angolan regime has been able to use the country's large oil
revenues to create stability, despite the fact that wealth
is extremely unevenly distributed. However, the world
economic crisis and the oil price race forced the regime to
turn to the International Monetary Fund (IMF) in 2009 with a
request for a loan of up to US $ 890 million to avoid an
acute budget crisis.