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National Assembly, Luanda
Angola's Parliament, the National Assembly, holds its fourth plenary ordinary session to approve the State Budget for 2013.
The Budget has been designed on the basis of a real growth tax of the Gross Domestic Product (GDP) of 7.1 percent, an exchange rate of USD/Kz 96,30 and an inflation rate of 9 percent.
Revenues for 2013 are estimated at Kz 6.6 trillion, from which Kz 4.5 billion from taxes. Angola's government is expecting a fiscal deficit of Kz 407.4 billion, which will account for 3.4 percent of the country's GDP.