Home Southern Africa Angola Angola’s U$61.5 Billion Contracts By Presidential Decree. No Public Tender

Angola’s U$61.5 Billion Contracts By Presidential Decree. No Public Tender

Angola’s U.5 Billion Contracts By Presidential Decree. No Public Tender

In Angola, major public spending decisions are often not announced in televised addresses or debated on the floor of Parliament. They appear instead in the Diário da República — formal presidential decrees, written in technical language, authorizing contracts that can reshape entire sectors of the economy.

Between 2017 and today, at least US$61.5 billion has been approved through one such mechanism: simplified procurement.

That figure emerges from a review of 476 presidential decrees, drawn…

Read more on AllAfrica.com

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