Angola: A Record Budget for the Presidency, the Military and the Spooks

21 January 2013
analysis

Angola's 2013 budget has been hailed by government propaganda as its greatest ever, owing to how much is being spent on social sectors and in the fight against poverty. The State Budget Bill, approved by the National Assembly on January 15, is expected to become law on February 14.

Spending this year is up some 50 percent from 2012, taking the overall budget to a record high of AKZ 6.6 trillion (around US $ 69 billion).

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