The ministry's decision, known this Monday, comes a few days after the Attorney General's Office clarified that the value of the tuition fees could only be changed with the authorization of the Ministry of Finance.
In the previous weeks there were several complaints about the increase in the value of tuition fees in private education, which led to several protests by students and parents.
In a note published on its website, MINFIN states that it is working with the Ministry of Higher Education, Science, Technology and Innovation to draft the Tuition Fees Regulations and is collecting contributions from various partners: Public Universities, Association of Private Higher Education Institutions of Angola (AIESPA) and Higher Education Student Associations.
"While the legal procedures for the approval, promulgation and entry into force of the above-mentioned proposal for a legal diploma with the Regulation on Tuition Fees for Higher Education are underway, also taking into account the need for the normal functioning of Private Higher Education Institutions, the current prices prevail provisionally," MINFIN said in a statement.
In the next few days, MINFIN, as the national price authority, will issue an order with a provisional directive on the matter.
The new regulation "obeys the spirit of a market economy, having as assumptions the Competition Law, the Basic Law of Education and Teaching and the Presidential Decree 206/11, which approves the General Bases for the Organization of the National Price System".
The National Institute for Consumer Protection (Inadec) criticized in January the intention of private educational institutions to "unilaterally readjust" the prices of tuition fees and emoluments for the school year of 2020, admitting "civil and criminal liability" of offenders.
According to an Inadec press release, many private educational institutions tend to raise the prices of tuition fees and emoluments unilaterally, clinging to an alleged readjustment, an intention that motivated the "repudiation" of that public body.