Angola: Fiscal Reform Produces Positive Impact On Economy

Luanda — The fiscal reform taking place in Angola since 2010 will produce a positive impact on the national economy, mainly for the non oil sector, said last Thursday, in Luanda, the consultant of the Ernest Young firm, Carlos Lobo.

According to the expert, who was speaking at the Conference on Fiscal Reform, the growing economic evolution of Angola and the entrance in effect of new Taxation Codes will bring about a stable basis of public revenue that can overcome the excess of dependence on crude-oil revenues.

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