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)....
(This article contains approximately 782 words)
