ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage
Luanda

Max:

Min:

Home » News » Politics

Tue, 07 May 2019 19:12 - Updated Tue, 07 May 2019 19:14

Angola: Revised 2019 general budget forwarded to Parliament

Luanda - The revised 2019 Draft State Budget with expenses and revenues standing at Akz 10.3 billion was officially delivered on Tuesday by Angolan government economic team to National Assembly.

Send by email

To share this news by email, fill out the information below and click Send

Correct

To report errors in the texts of articles published, fill out the information below and click Send

1 / 1

Delivery session of revised state budget

Photo: Clemente dos Santos

National Assembly speaker Fernando da Piedade Dias dos Santos (L.) minister of state of economic and social development , Manuel Nunes Júnior

Photo: Clemente dos Santos

The Minister of State for Economic and Social Development, Manuel Nunes Júnior, formally handed the document to the National Assembly Speaker, Fernando da Piedade Dias dos Santos

The 2019 State Budget worth Akz 11.2 billion, still in force, and approved last December, was drawn up on the basis of an overage price per barrel of   USD 68.

The price of crude in the international market is currently around US D 71 / day, but the average may reach US D 59 by the end of the year, according to forecasts by the International Monetary Fund.
 

Drop in oil price forced a review of Angola’s 2019 State Budget.

Read also
  • 07/05/2019 18:14:38

    WB pledges support for local governments in Angola

    Lubango - World Bank will support the process of administrative decentralisation underway in the country and help in the creation of local authorities in Angola.

  • 07/05/2019 10:56:27

    National Assembly discusses standards on Criminal Procedure

    Luanda - The State's obligation to ensure unofficial defenders (public defenders) for citizens in conflict with the law and the functions of the Public Prosecution Department marked on Monday the debate, in the specialty commission of the National Assembly, of the bill that approves the new Code of Criminal Procedure (CPP).

  • 03/05/2019 14:26:44

    Politician Abel Chivukuvuku evacuated abroad for medical treatment

    Luanda - Angolan politician Abel Chivukuvuku was evacuated Thursday to South Africa to go ahead with his medical treatment, Angop learned Friday from a source close to the process.