Angola: Parliament Speaker Predicts General State Budget for Country and Families

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Angola: Parliament Speaker Predicts General State Budget for Country and Families
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The National Assembly Speaker, Carolina Cerqueira, said on Tuesday in Luanda that the proposed General State Budget (GSB) for the 2024 financial year would contribute to improving the country's situation, especially for the most disadvantaged families.

In an interview with ANGOP and Rádio Nacional de Angola , on the occasion of the delivery to parliament of this management instrument, which contains a detailed forecast of the state's income and expenditure, Carolina Cerqueira praised the measures to increase public investment and reduce public debt, which, in her view, could stimulate development in the long term.

"The country is made up of small businesses, people, young people, citizens and disadvantaged populations, so it is very important, from our point of view, to reinforce the need to guarantee the articulation between measures of a cyclical nature and those of a structural nature," she pointed out. "High unemployment and the lack of a basic food basket are factors of poverty that affect a large part of the population. We consider it urgent to take short-term measures aimed at increasing employment and private investment, without forgetting the cash support of Kwenda, for example, and other programmes to combat poverty and the most disadvantaged families, who hope that their social condition can improve," she said.

The 2024 State Budget Proposal, delivered to Parliament today by the Minister of State for Economic Coordination, José de Lima Massano, in the company of the Ministers of Finance, Vera Daves, and of the Economy, Mário Caetano de Sousa, complied with the parliamentary tradition of being delivered on 31 October, as established by law.

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