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Economy

  • Minister recommends stringent budget management
    Fri, 13 Dec 2019 12:24

    Minister recommends stringent budget management

    Luanda - Angola's Finance minister Vera Daves has asked for strict management in Akz 15.9 billion-State Budget (OGE) for 2020.

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  • Wed, 20 Mar 2019 13:26

    Government needs to keep health and education expenses in budget - economist

    Luanda - The expenses allocated to the health and education sectors must be kept in the State Budget (OGE), which is to undergo a downward revision in the coming days, taking into account the needs of these fields, defended the economist Juliana Evangelista.

  • Wed, 30 Jan 2019 13:36

    Government ponders over revising 2019 State Budget

    Luanda - The Angolan government admits the possibility to revise the State Budget for 2019 (OGE/2019) by March this year, said on Tuesday in Luanda the minister of State for Social and Economic Development, Manuel Nunes Júnior.

  • Wed, 14 Dec 2016 17:28

    Angola: 2017 State budget ensures macroeconomic balances

    Luanda - The 2017 State Budget, approved Wednesday by Parliament, has the necessary instruments to ensure macroeconomic balances aimed to preserve peace, social justice and boost economic growth.

  • Fri, 18 Nov 2016 09:29

    National Assembly passes 2017 Budget in general terms

    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.

  • Thu, 17 Nov 2016 18:09

    Investment in energy sector to boost GDP growth by 2017

    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.

  • Sat, 29 Oct 2016 10:28

    MPs to approve 2017 State Budget within legally prescribed time

    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.

  • Fri, 28 Oct 2016 16:47

    Angola: 2017 State Budget submitted to Parliament for approval

    Luanda - The proposed 7.3 trillion kwanzas State Budget (OGE) for the fiscal year 2017, the main instrument for implementing the Angolan government policies, was delivered today at the National Assembly for consideration, discussion and approval by Members of Parliament until next 15 December.

  • Sat, 22 Oct 2016 10:12

    Angola: 2017 State Budget revenues estimated at AKZ 7.3 trillion

    Luanda - The Draft Law on the State Budget (OGE) in 2017, analysed on Friday by the Cabinet Council, provides an overall amount of revenues and expenses estimated at 7.3 trillion kwanzas, against 6.9 of the 2016 budget.