Economy
Highlights
UN says Angola pays more in debt interest than in health and education
Angola is one of the African countries that spends more money paying interest on its debt than investing in education and health, says the United Nations Department of Economic and Social Affairs (UNDESA).
NGO: Angola uses two-thirds of tax revenue to pay debt, the highest percentage in the world
Angola is the country that will use a larger percentage of its tax revenue to service debt this year, around two-thirds of the total, according to the non-governmental organization Debt Justice.
Government to pay January and February retroactive payments in 25 percent adjustment to public sector salaries
The Secretary of State for Labor and Pensions, Pedro Filipe, left the guarantee that the Executive will adjust civil servants' salaries by around 25 percent until the end of March, with retroactive effects for the first two months of this year.
