Angola: China - Angola's Finance Minister Reassures Payment to Chinese Creditors

Beijing — Angola's Finance minister, Archer Mangueira, explained on Wednesday in Beijing, that part of the Chinese government?s USD 2 billion financing, will be used to pay debts the government owes to Chinese creditors.

Speaking to the press, following the agreements signed on Tuesday between the Angolan and Chinese governments, the minister said the authorities intend with this credit granted, to make a medium and long-term amortization of the debt.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.