Ver Angola

Economy

Angola has already collected 3.6 billion kwanzas in non-oil revenues in the first half of 2025

The State has already collected, in the first half of this year, 3.6 billion kwanzas in non-oil revenues, the president of the tax authority announced this Monday.

: FRESAN
FRESAN  

According to the chairman of the board of directors of the General Tax Administration, José Leiria, non-oil tax revenues "are in line with what is forecast in the General State Budget".

"And our perspective is to continue working so that, with regard to non-oil tax revenue, we can deliver to the public accounts the revenue that is forecast", he stressed.

With regard to oil tax revenue, José Leiria said that he is experiencing difficulties in collecting it, as it depends "on many external factors".

"And since we have some challenges, mainly in terms of price volatility, we are seeing reduced revenue in relation to what is forecast in the State Budget", he said.

The State Budget for 2025 forecasts oil revenues of 10.9 billion kwanzas, 64 percent of the total tax revenues expected for the current economic year.

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