National Assembly approves OGE/2023

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National Assembly approves OGE/2023
National Assembly approves OGE/2023

Africa-Press – Angola. The National Assembly (AN) approved, this Monday, the General State Budget (OGE) for the 2023 financial year, amounting to 20.1 billion kwanzas, with 124 votes in favor and 86 against.

In its 4th Extraordinary Plenary Meeting of the 1st Legislative Session of the V Legislature, the MPLA, PRS, PHA and FNLA voted in favour, while UNITA voted against.

The OGE for 2023 sets the oil reference price at US$75 per barrel and an average daily production of 1.18 million barrels.

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