Angola’s Finance Minister, Vera Daves, outlined during a press briefing held over the week-end after the presentation of year-end greetings to the Angolan President strategic fiscal objectives linked to the 2026 General State Budget, promising an improvement in the quality of public expenditure and greater stability in government revenue streams in the year ahead.
The proposed 2026 budget, approved by the National Assembly on 15 December 2025, forecasts total revenues and expenditures of around 33.2 trillion kwanzas, reflecting a modest contraction compared with the 2025 budget as authorities prioritise fiscal discipline amid economic pressures.
As part of the broader effort to strengthen fiscal governance, the minister emphasised measures to rationalise public spending and enhance revenue mobilisation, with a view to fostering sustainable public finances and supporting long‑term economic stability. The budget blueprint also signals continued reforms aimed at diversifying the Angolan economy beyond oil dependence, with anticipated growth in non‑oil tax revenues for the first time.
The commitments come amid ongoing structural challenges, including rising debt servicing costs that are expected to absorb a significant share of resources in 2026, and broader efforts to balance investment in social sectors with prudent fiscal management.