Angola Reiterates Commitment to Gradual Elimination of Fuel Subsidies

Luanda — The Angolan government remains committed to the gradual elimination of fuel subsidies, although it does not intend to eliminate them completely by 2025, Minister of State for Economic Coordination José de Lima Massano said Wednesday in Davos, Switzerland.

The minister, who is representing Angolan President João Lourenço at the 55th Annual Meeting of the World Economic Forum in the Swiss Confederation, spoke in an interview with the financial information agency Bloomberg.

Massano…