The government has recently approved, with projected disbursements, an amount of 15.035,33 trillion kwanzas for the Annual Borrowing Plan (ABP). Prepared under the Public Finance Sustainability Law, the plan sets out medium-term guidelines for public debt management.
With a focus on reducing foreign exchange risk, diversifying funding sources, extending maturities, and keeping debt at sustainable levels, the 2026 ABP, according to the Ministry of Finance, translates the strategy into concrete actions for the next fiscal year.
It establishes financing needs, the mix between domestic and external debt, funding instruments, and active liability management measures. The ABP defines a set of actions that operationalise the financing strategy within the execution process of the State Budget (OGE), taking into account the funding sources available in domestic and external markets and considering a level of indebtedness within sustainable limits.
Under the Public Finance Sustainability Law (Law No. 37/20), the 2026–2028 Borrowing Strategy was also approved.
Source: Jornal O País
