Wed, 07 Feb 2018 18:36 - Updated Wed, 07 Feb 2018 18:36
Repatriation of capital set for 180 days
Luanda - Governor of the National Reserve Bank of Angola (BNA), José de Lima Massano, said on Wednesday that the Angolan government will grant 180 days to allow national citizens to repatriate financial resources illicitly domiciled abroad.
Send by email
To share this news by email, fill out the information below and click Send
To report errors in the texts of articles published, fill out the information below and click Send
BNA governor, José de Lima Massano
Photo: Francisco Miudo
The deadline will start counting after the document, which was submitted to the National Assembly for approval, to be published in the State Gazeta.
José de Lima Massano, who was speaking to journalists on the sidelines of the 1st Ordinary Session of the Council of Ministers, warned that in cases where illicit resources are not repatriated within the period in question, the national authorities will make use of all available means.
The objective of this measure is that, in accordance with the law, the repatriation of the financial amounts to the national territory is ensured.
The bill aims to allow resident nationals and companies based in the country that have financial resources abroad to repatriate them on a voluntary basis.
- 05/02/2019 19:07:20
Luanda - President of Democratic Republic of the Congo (DRC) Felix Tshisekedi Tuesday in Luanda considered legitimate Angola's commitment to protect its wealth from being exploited by illegal foreigners.
- 05/02/2019 17:46:04
Luanda - Angolan head of State João Lourenço Tuesday in Luanda mentioned the cooperation in security and economic fields with the Democratic Republic of Congo (DRC) as priorities.
- 05/02/2019 11:29:16
Uíge - The provincial governor of Uíge, Pinda Simão, praised the commitment of the heroes of February 4, who gave their lives and consented sacrificed for the achievement of the national independence.
- 05/02/2019 11:05:09
Luanda - Angolan ambassador to Italy, Florêncio de Almeida, deemed the visit of the Italian president to run from February 5 to 7, a clear signal of both countries’ deep friendship and will consolidate the two States and peoples’ historical ties.