Jump to navigation

Vol 1 (AAC) No 3

Published 1st January 2008


Angola

Coming cleanish on the money

New details are emerging about Angola’s public finances and the management of the mega-credit lines from Angola

Angola's Finance Ministry has strengthened its policy to promote greater transparency in public finances, with the disclosure of new details about Chinese credit lines that support an array of projects in the country. The Ministry has not only released data of funds that it has sourced through China’s Eximbank but also shed a little more light on funds sourced by the Gabinete de Reconstrução Nacional (GRN), a more opaque body set up by President José Eduardo dos Santos in 2004 from the China International Fund (CIF).

End of preview - This article contains approximately 782 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.


If you have a print subscription already, click here for a password that gives you full access to the website.

If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.