Angola's Ministry of Finance presented the General State Budget (OGE) execution report through the third quarter of 2025, which Parliament approved by 101 votes to 76 with three abstentions, showing an overall budget deficit of about AOA 362.22 billion. The report records liquidated expenditure of AOA 6.31 trillion (18% of the annual amount approved in the OGE) against revenue collected of about AOA 5.95 trillion (17% of the annual forecast and 37% versus the comparable period), while the current balance was a surplus of around AOA 1.17 trillion. Spending was driven by the social sector (including health and education) and social protection, alongside financial charges and other functions. Financial charges totalled AOA 2.45 trillion, representing 38.84% of total expenditure and 14% of the annual allocation; the social sector accounted for 26.66% of total expenditure. Defence and security spending reached AOA 893.81 billion (14% of total, 33% execution), general public services AOA 653.06 billion (11% of total, 17% execution), and the economic sector AOA 630.19 billion (9% of total, 23% execution). Social protection spending was AOA 211 billion, equal to 15.05% of the 2025 OGE appropriation, and programmes for family, childhood and social action executed 15.95% of their annual budget. A new phase of the Kwenda social transfer programme, Kwenda 2, is being implemented, with work focused on effectiveness conditions, urban and peri-urban beneficiary registration, payment operations preparation and contract negotiations with payment agents. For the Integrated Municipal Intervention Plan (PIIM), the portfolio stood at 2,396 projects at end-Q3 2025, up by 10 from Q2 following a joint portfolio clean-up that added recently settled projects, with 145 under central administration and 2,251 under local administration.
Ministry of Finance (Angola) 2026-01-23
Angola's Ministry of Finance reports AOA 362.22 billion budget deficit through Q3 2025 in General State Budget execution report
Angola's Ministry of Finance reported a budget deficit of AOA 362.22 billion for the third quarter of 2025, with expenditures driven by the social sector and financial charges. The Kwenda 2 social transfer programme is underway, focusing on beneficiary registration and payment operations, while the Integrated Municipal Intervention Plan (PIIM) portfolio increased to 2,396 projects.