angola's revenue solely covers salaries and debt amid financial strain

Angola's finance minister, Vera Daves de Sousa, has stated that the country's fiscal revenue is currently being fully utilized to cover salaries and debt servicing.

In a recent video interview, she emphasized the significant challenges faced this year, particularly with regard to peak loan payments.

The minister highlighted that Angola is going through a critical period in managing both external and internal debt obligations. This situation highlights the financial strain on the oil-producing nation as it navigates its economic landscape amidst increasing demands for debt service.

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