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Thu, 15 Dec 2016 10:58 - Updated Thu, 15 Dec 2016 10:57

Opposition parties diverge on 2017 State Budget approval

Luanda - The parliamentary opposition parties namely UNITA, CASA-CE, PRS and FNLA, diverge on their opinion with regard to State Budget for 2017 approved on Wednesday with 147 votes in favour, 33 against and two abstentions.

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MPs approve 2017 State Budget

Photo: Rosario Santos

According to UNITA position, they voted against due to the fact that the government decided to extend the debt levels to the point of paying 31.64 percent of the total of the expenses with the government stockpile expected to be of USD 62.8 billion.  

To UNITA, this assumption makes up a “great risk since the country depends only on oil exportation”.

UNITA also voted against the budget because the international indicators foresee a state of stagnation for national economy, opposite to 2017 State Budget forecast.

However, CASA-CE voted against because 2017 OGE contains a set of gaps despite the appeals made by its parliamentary bench, such as to those related to reserves from oil revenues, energy and water supply.

“The special control regime must be responsibility of the National Assembly only, and never it is responsibility of the government, since this body cannot be executor and inspector at the same time”, refers the CASA-CE statements.

The opposition PRS party, which abstained from voting, considers that the government is working regarding the diversification of the economy by strengthening the essential infrastructures for long-term growth.

The party understands that this is the possible budget, though undesired and the government intends with that to provide a service that accommodates the public expenses, besides promoting the non-oil activities and implementing the domestic production and exports.

The opposition FNLA party, after considering the nature of the discussions on State Budget by MPs and officials of the economic sectors of the country to contribute to the OGE approval at time the country is being hit by an economic crisis and taking into account the challenges for 2017, decided to vote in favour of the State Budget. 

To FNLA, the country will face fundamental challenges related to the consolidation of the democracy, peace and a rule of law, whose assumptions will be materialised with the conducting of the 2017 elections.

The 2017 Budget comprises revenues and expenses estimated at just over 7.3 trillion kwanzas.

The parliamentary session was chaired by the Speaker of the National Assembly, Fernando da Piedade Dias dos Santos.

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