Program to Combat Poverty provides 28 million KZ monthly for each of the 164 Municipalities in Angola.

The Integrated Program for Local Development and Combating Poverty has capital that increased from 25 million, in 2023, to 28 million kwanzas per month in 2024, which must be distributed to “each” of the total of 164 Municipalities in the country.

Within the scope of the execution and control of the General State Budget (OGE 2024), the Secretary of State for the Budget, Juciene de Sousa, spoke at the opening of the public presentation of the Citizens Budget 2024 (OC 2024).

The person in charge made it known through a document that results from a partnership between the Ministry of Finance and the United Nations Children's Fund (UNICEF), that the Integrated Program for Local Development and Combating Poverty has a budget allocation that exceeded 25 million for Kz 28 million monthly for each of the 164 Municipalities that make up the country.

The document, which reflects the direct impact that the OGE 2024 will have on the lives of the populations, states that Kz 868 billion were allocated for social protection, with emphasis on the Monetary Social Transfers program (Kwenda) with around 79.84 billion, to benefit more than 578 thousand families and the Integrated Program for Local Development and Combating Poverty.

The diploma also reflects in detail that the social sector accounts for the second largest share of the budget, with a weight of 20.1% (Kz 4.9 billion), followed by general public services with 9.0% (Kz 2, 2 billion), defense, security and internal order with 7.1% (Kz 1.7 billion) and finally the economic sector, which concentrates 4.9% of total expenditure.

For the 2024 economic year, the government plans to complete a series of programs, including the Monetary Social Transfers program (Kwenda), the Integrated Local Development and Poverty Combat program, the public investment program and others. However, to materialize these, the Executive plans to obtain financial resources, mainly through oil revenue and debt, which together represent 72.3% of total revenue.

Program to Combat Poverty provides 28 million KZ monthly for each of the 164 Municipalities in Angola

The Integrated Program for Local Development and Combating Poverty has capital that increased from 25 million, in 2023, to 28 million kwanzas per month in 2024, which must be distributed to “each” of the total of 164 Municipalities in the country.

May 29, 2024 - 12:56
Program to Combat Poverty provides 28 million KZ monthly for each of the 164 Municipalities in Angola
© Photography by: DR
Program to Combat Poverty provides 28 million KZ monthly for each of the 164 Municipalities in Angola

Within the scope of the execution and control of the General State Budget (OGE 2024), the Secretary of State for the Budget, Juciene de Sousa, spoke at the opening of the public presentation of the Citizens Budget 2024 (OC 2024).

The person in charge made it known through a document that results from a partnership between the Ministry of Finance and the United Nations Children's Fund (UNICEF), that the Integrated Program for Local Development and Combating Poverty has a budget allocation that exceeded 25 million for Kz 28 million monthly for each of the 164 Municipalities that make up the country.

The document, which reflects the direct impact that the OGE 2024 will have on the lives of the populations, states that Kz 868 billion were allocated for social protection, with emphasis on the Monetary Social Transfers program (Kwenda) with around 79.84 billion, to benefit more than 578 thousand families and the Integrated Program for Local Development and Combating Poverty.

The diploma also reflects in detail that the social sector accounts for the second largest share of the budget, with a weight of 20.1% (Kz 4.9 billion), followed by general public services with 9.0% (Kz 2, 2 billion), defense, security and internal order with 7.1% (Kz 1.7 billion) and finally the economic sector, which concentrates 4.9% of total expenditure.

For the 2024 economic year, the government plans to complete a series of programs, including the Monetary Social Transfers program (Kwenda), the Integrated Local Development and Poverty Combat program, the public investment program and others. However, to materialize these, the Executive plans to obtain financial resources, mainly through oil revenue and debt, which together represent 72.3% of total revenue.