Wednesday, 29th June 2022

Angola's public debt contracted by the government on the external market is sustainable, a finance official of the country said on Wednesday.

During the launch of the Citizen's Budget 2021, Patricio Neto, director of the department of studies and international relations of Angola's Finance Ministry, said the latest assessments made so far by the International Monetary Fund indicated that the country should recover from its current economic recession.

The official added the government plans to better inform the public about how it intends to spend its revenue on improving health and education and supporting Angolan families.

The Citizen's Budget 2021 is a document prepared in partnership with the United Nations Children's Emergency Fund to enable the public to better understand the origins of revenues and expenses made. 



About us

African News Centre is an online media company, which strives to bring you the very latest African news.

Contact us

If you have any contributions contact us on email: This email address is being protected from spambots. You need JavaScript enabled to view it.
African News Centre | Postal Address | P.O Box 90455 | Klein Windhoek | Namibia | 9000