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Economy

  • Thu, 15 Oct 2020 15:25

    Fiscal deficit represents 4% of GDP - president

    Luanda - Angola is going to record a fiscal deficit in the order of 4% of the Gross Domestic Product (GDP), said the President of the Republic, João Lourenço Thursday.

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  • Thu, 15 Oct 2020 14:17

    Angola to double wheat flour production - president

    Luanda - Angola will double the production capacity of wheat flour, from the current 600,000 to 1.2 million tons by 2021, the President of the Republic, João Lourenço announced Thursday.

  • Thu, 15 Oct 2020 13:46

    Angola saves USD 300 million in imports

    Luanda - Angola spent USD 900 million this year in import of goods, less than USD 300 million compared to 2019, stated Thursday the Head of State João Lourenço.

  • Thu, 15 Oct 2020 12:19

    International reserves reach USD 15 billion - president

    Luanda - Angola's international reserves reached USD 15 billion last September, corresponding to 11 months of imports, announced Thursday the President of the Republic, João Lourenço.

  • Wed, 22 Apr 2020 12:19

    Parliament discusses changes to tax codes

    Luanda - The National Assembly starts this Wednesday, April 22, the discussion and approval of the proposals for the revision of three structuring laws of the tax system.

  • Tue, 19 Nov 2019 19:21

    Stabilization program with positive budget balance

    Luanda - Angola recorded, for the first time in four years, a positive budget balance of 2.2 percent of Gross Domestic Product in 2018, as a result of the Macroeconomic Stabilization Program implemented since January last year, said on Tuesday the State Minister for Economic Coordination, Manuel Nunes Júnior.

  • Fri, 10 Aug 2018 18:03

    Angola needs to improve human development index

    Luanda - Angola needs to improve the human development index of its population as reflected on the Multiple Indicator and Health Survey (2015-16 IIMS), said Friday National Assembly Speaker, Fernando da Piedade Dias dos Santos.

  • Sat, 19 Nov 2016 10:32

    Parliament passes Legal Regime Law for Issuance, Management of Public Debt

    Luanda - The National Assembly Friday approved, on a global basis, the Draft Law to amend the Law on the Legal Regime for Issuance and Management of Direct and Indirect Public Debt of the State.

  • Fri, 18 Nov 2016 13:14

    Social sector takes 38,03 of 2017 Budget spending

    Luanda - At least 38,03 percent of the spending of the State Budget for 2017 will go to the social sector, thus taking the largest share, the Finance minister, Archer Mangueira, said.