According to the Ministry of Finance, the positive performance of collections was driven by the payment of the Gas tax, which contributed 148.64 billion kwanzas, as well as by the increase in Concessionaire Revenue and the Petroleum Production Tax by 24.78 and 26.86 percent, to 570.56 and 43.70 billion kwanzas, respectively.
The data add that exports and the average price reduced by 0.26 and 1.01 percent, to 34.95 million barrels and 73 dollars/barrel, respectively.
The lowest value collected, according to the Ministry of Finance, was 614 billion kwanzas collected last November.
Data from the National Bank of Angola (BNA) ensure that, in the third quarter of 2024, the country’s export revenues increased by 2.8 percent, reaching 9.4 million dollars, compared to 9.2 million from the previous quarter, justified by the increase in gas export revenues by 213.1 million dollars and refined products by 9.4 million.
The data indicate that given the unfavorable behavior of crude oil prices in international markets, there was a decrease in export revenues of 8.8 million dollars.The annual oil revenue in 2024 was 9.2 trillion kwanzas, registering an increase of 28.67 percent compared to the previous year, mainly motivated by the devaluation of the national currency against the US dollar.
