News & Announcements

26/02/2015: Parliament passes revised state budget for 2015

Parliament passes revised state budget for 2015

Luanda - The National Assembly (Parliament ) approved on Wednesday the Draft State Budget Revision for 2015 comprising revenues estimated at 5.4 trillion kwanzas, against the initially expected AKz 7.2 trillion.

The document was approved during the Second Extraordinary Plenary Session of the National Assembly held today Wednesday, February 25, 2015  in Luanda.

The Proposed Revised State Budget, submitted by the Head of Government, received the approval by the Parliamentary Groups of ruling MPLA and opposition FNLA parties (156 votes), and 29 votes against UNITA and PRS.

The new version of this financial tool, which is expected to be analysed at specialised commissions, foresees a budget cut of 1.8 trillion kwanzas.