Ver Angola

Politics

MPLA satisfied with OGE revenue balance. Opposition concerned about imports

The MPLA praised the Government's measures to balance budget revenues, while UNITA says that reserves guarantee only five months of imports.

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The position of the Popular Movement for the Liberation of Angola (MPLA) was expressed by the leader of the parliamentary group, Américo Kuononoka, in the political statement read in the National Assembly, in the extraordinary session of appreciation and voting on the revised General State Budget (OGE) for 2020.

Américo Kuononoka stressed that the Executive made reforms in the public administration to reduce services and costs with bureaucracy, ensuring speed and efficiency.

“For the realization of these goals, the revised OGE proposal foresaw the tax increase of some taxes. These measures aim to encourage economic activity and reduce the fiscal pressure on matters necessary for the agricultural and industrial activity of the economy ”, he said.

According to the leader of the majority parliamentary group, the current conditions of governance are difficult, so he encouraged the Executive to continue “with courage and determination the set of recommended actions, in order to alleviate the suffering of fellow citizens, especially the most disadvantaged”.

The deputy stressed that Angola is also experiencing the challenges of other economies, meanwhile aggravated by the process of reform and paradigm shift, “which aim to correct vices or excesses”, which he believes will bear “better results and generate confidence in Angola's image in the international arena ”.

In turn, the deputy of the parliamentary group of the National Union for the Total Independence of Angola (UNITA), Adalberto da Costa Júnior, noted that the revised OGE proposal for the 2020 financial year, despite not indicating the situation of international reserves know that it is “at the bottom of the well”, guaranteeing only five months of imports.

Adalberto Costa Júnior, also leader of UNITA, said that the business environment is unattractive, a situation that is not just a consequence of the covid-19 pandemic.

"Angola was already mentioned on the tail of the countries least attractive to investment, at 177 (place) in 190 countries, in the international ranking," he said.

According to Adalberto Costa Júnior, "the Government is boosting the country's liabilities in the future, including pushing for tomorrow the liabilities that were to be resolved today and it is devouring the country's assets, which would serve to safeguard the future".

"Fiscal policy is fundamental to boosting the economy, but for that, it must first free itself from the grip of debt in order to allow the state to channel resources to areas of growth and development," said the politician.

Regarding the priorities of the budget proposal, Adalberto Costa Júnior criticized that the health sector, which today focuses on covid-19, has been overtaken by the defense sector, which benefited from a greater increase, US $ 73.8 million against 31 Million dollars, respectively.

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