Ver Angola

Economy

Highlights

Economy

Government increases taxes on imports of basic goods such as rice, beans and milk

The Government increased taxes charged on the import of basic goods, such as rice, beans, sugar and oil, a measure to protect and stimulate national production, according to the General Tax Administration (AGT).

Economy

Angola could save 160 million dollars by 2029 if IMF drops surcharges

The Government could save 160 million dollars over the next five years if the International Monetary Fund (IMF) eliminates or lowers the interest rates it charges for loans made to the most indebted countries.

Economy

Government announces measure to encourage the purchase of national goods and services

The Government determined that Public Contracting Entities (EPC) must submit quarterly reports on the acquisition of goods produced in Angola to the National Public Contracting Service (SNCP), as a mechanism to encourage national production.

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