Ver Angola


UNITA says that the OGE has no "assumptions" to resume growth

UNITA said this Friday that the revised General State Budget (OGE) for 2020 "has no assumptions" that aim to reduce the negative economic trajectory that the country has recorded for five years.


The economy has experienced a recession in recent years and in the revised OGE for 2020, approved on Thursday in general by parliament, the Executive again predicts a negative growth of 3.6 percent.

For the vice president of the parliamentary group of the National Union for the Total Independence of Angola (UNITA), Murilo Luyele, the economic recovery of the country "is absolutely important", but, he noted, "from our point of view, this OGE has no actions to this resumption ".

"But it should be the first step in reversing the situation, otherwise, it didn’t make sense to do this review, we only see the relevance of the review in this perspective of halting the negative trajectory that the economy is following," said today Murilo Luyele in statements to Lusa.

On the sidelines of a consultation meeting with the social partners, promoted by UNITA, the deputy said that the review of the OGE 2020 should focus on "reducing the effects of the covid-19 on the economy".

"But as the OGE was prepared, it does not respond to these objectives", said the politician.

Listening to certain sectors of civil society about "their ideas" around the review of the OGE 2020, already under discussion in the parliament's specialty committees, is the objective of the meeting.

According to Murilo Leyele, the discussion of the revised OGE for the 2020 financial year should also serve as an occasion for "trials for a more participatory budget among citizens" with a view to OGE 2021.

The revised OGE 2020 estimates revenues and fixes expenses of 13.4 billion kwanzas and with a deficit of 4 percent.

Finance Minister Vera Daves said at the presentation of the document that the revised OGE for 2020 will be financed by 45.5 percent through tax revenue and 54.5 percent through financing.


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