In 2025, Vera Daves de Sousa said, debt service should correspond to 13 billion kwanzas, with projected collections of around 14.6 billion kwanzas, with a debt stock expected at the end of the financial year of 57. ,4 trillion kwanzas, representing about 63 percent of GDP.
Vera Daves was speaking during a presentation of the Annual Debt Plan taking place this Monday in Luanda.
"We went from figures above 100 percent of GDP to around 63 percent of GDP," he stressed, highlighting that debt is a strategic instrument for the country's growth, the management of which "is a demanding, challenging task." but fundamental to guarantee macroeconomic stability and finance development, as highlighted by the infrastructure deficit.
The minister highlighted the progress that the executive has made at this level, particularly in the last three years, in which it has faced “with perseverance a gigantic debt service”, equivalent to 16 billion dollars per year.
He also highlighted that the debt with China, Angola's largest creditor, entered a “balanced trajectory” and that in the international market it was possible to anticipate part of the maturity of the 'Eurobonds', with the issuances exceeding an amount of 1.5 thousand million dollars to $864 million due this year.
Vera Daves also highlighted that the trust of citizens, investors and national and international partners is “a valuable asset” and that, whatever the source of financing used, transparency will continue to be a priority.
“We are counting on the collaboration of national and international investors to further deepen this climate of trust,” he added.
