Ver Angola

Economy

Highlights

Economy

Government will increase pensions by 10 percent

Pensions will be increased by 10 percent. Thus, with these adjustments, the minimum pension will be fixed at 48,272 kwanzas while the maximum will be 607,874 kwanzas.

Economy

Government creates Observatory for the Informal Economy

The Government created an Observatory of the Informal Economy (OEI) to support the process of formalizing the economy, a consultative body that is not integrated into the public administration.

Economy

Fuel subsidies cost 1.2 billion kwanzas to state coffers in 2021

A total of 1.2 billion kwanzas was how much the state spent on fuel subsidies last year. Diesel was the one that gave the most expenses to the State's pockets, which spent 645 billion kwanzas to subsidize it.

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