The government plans to inject a total of 10.1 billion kwanzas into the National Employment Fund (FUNEA) this year, with the aim of promoting inclusion, income, and new jobs, according to the Ministry of Finance’s Citizen Budget Report, to which Opaís had access
The document, which will be presented to the public shortly, also provides for the launch of the Employment and Opportunities for Youth project, aimed at people aged 16 to 35. To boost production and agriculture, 15 billion kwanzas were injected into the credit line to support the productive sector. The plan is to transform the Grain Institute into a regulatory agency to strengthen food security.
The report states that the company GESTERRA (Angolan Arable Land Management) is expected to be restructured into an agricultural mechanization company, with the aim of increasing producers’ productivity and efficiency. As part of the public funds reform, the government is investing 313 billion kwanzas to capitalize companies and public funds. It intends to accelerate the transformation of the Angolan Active Venture Capital Fund (FACRA)—created as a key instrument to drive the country’s economic development, diversify the economy, and promote job creation—into a Venture Capital Fund, with the aim of supporting small and medium-sized enterprises and entrepreneurship.
Regarding the stimulation of domestic production and job creation, the 2026 Citizen Budget presents a comprehensive package of tax and financial incentives, including measures to promote production and agriculture, reform of public funds, customs facilities, industrial tax, foreign exchange contributions, and others.
Source: O País
