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The Minister of State for Finance, Doris Anite-Uzoka, on Thursday announced plans to begin payments for the 2024 and 2025 capital budgets to ministries, departments, and agencies (MDAs).

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Inside Africa

Fitch Ratings has affirmed Angola’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) at ‘B-‘ with a stable outlook.  Angola’s ratings reflect weak governance indicators, high inflation, high levels of foreign-currency-denominated government debt and one of the highest commodity dependences among Fitch-rated sovereigns, Fitch said.