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.More about this news
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.
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.
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.
Luanda - Angolan Government’s debt to the external market is sustainable as it is a resource used in the financing of capital expenditure to create wealth.
Luanda - The State Budget Draft for the year 2017, which has revenues and expenses of about 7.3 trillion kwanzas, was approved last Thursday by the National Assembly (Parliament) in its general terms, with 150 votes in favour and 32 against.
Luanda - The energy and water sectors, accounted for 42.2%, farmers with 7.3% and manufacturing industry (4.2), will be the main drivers of the country's economic growth in 2017.
Luanda - The Angolan economy generated from 2009 to 2015 just over 1.5 million jobs as revealed by a report presented last Wednesday at the monthly debate of the National Assembly (Parliament), which focused on the theme "Economic Growth Indicators and Distribution of the National Wealth in Angola" presented by the ruling MPLA MP Mateus Isabel Júnior.
Luanda - The chairman of the Parliament?s Fifth Commission for Economy and Finance, Manuel Nunes Júnior, said last Friday that within the legally prescribed time MPs will work to approve the 2017 State Budget Draft, which was formally submitted to the national legislative body last Friday.