Africa-Press – Angola. The Angolan non-oil sector is estimated to generate revenue of 10.7 billion kwanzas to support the General State Budget (OGE) 2026, surpassing, for the first time, the oil sector which has always contributed the majority of revenue.
According to the Minister of Finance, Vera Daves de Sousa, of these revenues, 7.43 billion kwanzas is expected from non-oil taxes, with the difference coming from fees, dividends and the result of the sale of State assets and participations.
When presenting the OGE/2026 proposal, to the members of the National Assembly who are analyzing the OGE/2026 in general, this Monday, the government official said that this document foresees oil revenues of 7.5 billion kwanzas, of which 1.15 billion kwanzas relate to revenues from the national concessionaire and 1.82 billion from the Oil Income Tax.
She also mentioned that the OGE expects to have financing revenues of 15.04 billion, of which 7.11 billion come from the domestic market and 7.93 billion kwanzas from the external market, with a good portion of this revenue relating to disbursements of financing already contracted.
In the expenditure component, it is proposed that 4.01 billion kwanzas in expenditure on goods and services, 12% of the OGE and 3% of GDP, 6% less than in the 2025 budget, capital expenditure of 5.3 billion kwanzas (18% of the OGE and 4% of GDP) and transfers of 2.96 billion, 9% of the OGE and 2% of GDP.
For the transport service, 10% lower than the 2025 budget, expenses of 15.24 billion kwanzas are expected, 46% of the OGE and 11% of GDP.
Production sector expects to benefit from 15 billion kwanzas from the OGE/2026
The OGE/2026 proposal estimates making available a financing line of 15 billion kwanzas to promote the Angolan productive sector, according to Vera Daves de Sousa.
According to the Minister of Finance, public companies are also expected to be capitalized, with a focus on banks and public funds that help implement the country’s economic diversification strategy.
Companies
For companies, Vera Daves de Sousa said that tax relief and general forgiveness of interest on tax debts are planned for all those who present themselves to the State to honor their tax debts, within the period proposed by the OGE law.
She added that 300 billion kwanzas are planned to capitalize public companies, with a focus on banks and public funds that help implement the economic diversification strategy in the country.
On the other hand, he mentioned that the Executive proposes a 24% increase in the budget titles of the State’s local administration bodies.
Social sector
In this area, the minister reaffirmed that the investment in the social sector will continue, without prejudice to having a smaller expenditure envelope, as the Government sought to ensure that this area was protected and that the expenditure envelope not only reduced, but that in certain functions and categories of expenditure it increased, with the maintenance of schools and hospital units.
She highlighted that for this challenge, the OGE foresees a significantly higher value, to ensure that the infrastructures that are already built can remain operational and provide good service to citizens, with an allocation of 211 billion kwanzas exclusively for maintenance and 238 billion to continue the National School Feeding Program.
She also said that, for the first time, it is proposed to distribute the funds directly to schools to carry out their maintenance and guarantee their normal functioning, without depending on other entities or departments.
She also added that 195 billion kwanzas is planned for the construction and rehabilitation of schools throughout the national territory.
On the other hand, he also reiterated that the plan is to enhance the income of workers and families by adjusting the civil service salary by 10% and also allowing the promotion and career progression of public servants under the special regime.
“To ensure that citizens feel the positive effect of the 10% increase and extend the appreciation of income to workers who are not in the public sector, exemption from Labor Income Tax is expected for salaries up to 150 thousand kwanzas, that is, those who earn up to this amount stop paying IRT”, she reinforced.
Prepared based on the average price of a barrel of oil of 61 dollars, the OGE/2026 proposal sets public revenues and expenses at 33.24 billion kwanzas.
The 2025 OGE, currently being executed, was approved with a global value of 26.4 billion kwanzas, based on the price of a barrel of oil at 70 dollars.
For More News And Analysis About Angola Follow Africa-Press
