EconomyAngola's fuel subsidy bill projected to reach $4 billion in 2026
Angola may spend 3.8 trillion kwanzas ($4.16 billion) on fuel subsidies this year, nearly twice its initial estimate. Higher global energy prices are straining public finances, prompting pressure to speed up subsidy cuts, though officials are wary of the economic and social effects.
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CGTN★★★☆☆2026-10-17 12:19Original
Angola's fuel subsidy bill projected to reach $4 billion in 2026
Economy