UGD Raises 156 Billion Kwanzas in December

The Public Debt Management Unit (UGD) raised 156.5 billion kwanzas through Treasury Securities in the national currency in December 2024, the institution reported. According to data from the monthly Treasury Securities Issuance report by the Ministry of Finance, the amount […]

Angola spends more on debt interest than on health and education

Angola is one of the African countries that spends more money paying debt interest than investing in education and health, says the United Nations Department of Economic and Social Affairs (UNDESA). “In several of Africa’s largest and most populous economies, […]