Ver Angola


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.


The document that establishes the updating of pension values ​​and which was considered and approved this Tuesday by the Economic Commission of the Council of Ministers, will be approved during the afternoon of this Tuesday in the Council of Ministers, advances the Rádio Nacional de Angola (RNA).

The Government intends, with this measure, to give more dignity to retired workers who no longer have purchasing power.

According to RNA, the commission also analyzed the macroeconomic factors of the economy, which grew by around 2.4 percent in the first three months of this year.

This growth, according to the Minister of Economy and Planning, Mário Caetano João, was supported by the non-oil sector: "In the first quarter of 2022 we had a growth rate of 2.4 percent and this was driven by a growth rate positive 1.9 percent from the oil sector and 2.8 percent from the non-oil sector".

"We also expect that our forecasts for the end of 2022 remain the same, of having a growth rate of 2.7 percent until the end of the year", he added, quoted by RNA.

The Government also approved a proposal for measures in the context of preventing and combating money laundering and terrorist financing, with the express objective of strengthening good governance, combating the growth of illicit trafficking in narcotics and combating transnational organized crime, "avoiding that Angola is a haven for criminals", according to the final communiqué of the meeting.

The 5th ordinary meeting of the commission also resulted in a memorandum that proposes the "restructuring of the 'Feito em Angola' service", which provides for a "set of actions" – not detailed – aimed at "mobilizing companies for the purpose of economic growth , seeking to improve the competitiveness of national goods and services and contribute to the balance" of the trade balance, according to the note.

The Government also analyzed the implications of the Ukraine war on the national economy, recognizing its mixed effects. If, on the one hand, the war "impacts positively" on the African country's economy due to the increase in fuel prices in international markets, it also produces negative effects due to "the increase in imports of essential goods for broad consumption", underlines the text.

The war also poses the "risk of reduced inflows of foreign direct investment, especially in the diamond sector, where Russia is one of the main investors", says the Government.

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