9 May 2012

Angola: Head of State Signs Presidential Decrees

Luanda — The Angolan head of State José Eduardo dos Santos Wednesday in Luanda signed and ordered published a Presidential Decree that alters the juridical regime of the Angola LNG Project, set up under the Decree 10/07 of October 3.

According to an official source, the president also signed a Presidential Decree that approves the Signature Bonuses resulting from the signing of the contract signed with the National Concessionary under the Law 10/04, of November 12.

The Bonuses shall go to the State through the Treasury Account for investment in public investment programmes and projects as well as expenditures with support for development actions of non-tangible nature like those linked to social impact programmes.

Other Presidential Decrees nominate the Boards of Management of the Luanda Electricity Distribution Company (EDEL, E.P) and National Electricity Company (ENE, E.P) and approve the Strategic Plan for revitalisation of the Literacy Programme.

On the other hand, the head of State also signed various Presidential Dispatches, including that which revokes the Inter-ministerial Commission for the Electoral Process (CIPE), set up in terms of the 34/04 Resolution of December 21 and the Provincial and Municipal Executive Commissions.

The head of State also signed Presidential Decrees that create the National Commission for Literacy and approves the regulation for the Organising Committee for the 41st World Skate Hockey Championship, in 2013.

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