Luanda - The National Assembly votes Tuesday the State Budget Implementation Report for the third quarter of 2023.
The State Budget Implementation Report for the third quarter of 2023 is voted Tuesday (28) at the plenary session of the National Assembly (AN).
The joint opinion report on the document, which was recently approved by Parliament's specialized committees with 26 votes in favour, 9 against and one abstention, found that only 46 of the 164 municipal administrations submitted their accounts for the third quarter of 2023.
It included 18 recommendations to the government, and states that of the country's 18 provinces, only four have fully complied with their accounts, namely Cuanza Norte, Huambo, Malanje and Namibe.
It adds that of the 88 diplomatic and consular missions, only 23 have rendered regular accounts, 36 have rendered irregular accounts and 29 have not rendered any accounts.
The State Budget Implementation Report for 2023 was submitted to the National Assembly on October 31 2023 (within the time limits set by law).
The inflation rate for the period under review stood at 12.22 percent, above the inflation rate of 11.1 percent set in the 2023 State Budget.
Average daily production stood at 1.12 million barrels of crude oil, below the quota set in the 2023 State Budget, estimated at 1.18 million barrels.
The average export price for a barrel of oil was USD 86.3 per barrel, representing an increase of USD 11.3 per barrel compared to the fiscal price of USD 75.00 set in the 2023 State Budget.
Diamond revenue, on the other hand, recorded a collection level of 13 percent and an increase of 33 percent compared to the third quarter of 2022, despite having a participation rate of 0.39 per cent of total revenue.
The Implementation Report for the third quarter of the State Budget for 2023 was drawn up against a backdrop of uncertainty about the recovery of the national and international economy, given the continuing geopolitical situation, which has led to a supply shock in the price of the crude oil barrel on the international market.DC/VIC/TED/AMP
