75% of the repatriated resources should be directed towards investment projects

75% of the repatriated resources should be directed towards investment projects

PR approved Presidential Decree that establishes the terms and conditions for the application of repatriated resources, voluntarily or coercively.

The Angolan government approved by decree the terms and conditions for the application of voluntarily and coercively repatriated resources from the outside of the country dictating that in case of voluntary repatriation 75% of the total value might be applied in areas defined by the State, while if coercive it might return to the state coffers.

The Presidential Decree No. 289/18, from November 30th, to which O País had access to, establishes equally the legal regime of the authorization for the issuance of Public Debt tittles by the holder of the Ministerial Department responsible for Public Finance.

Read more on O País.

Relacionadas

Premium