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Angola : Court of Audit gives positive opinion to the General State Account-2017.

The General State Account (CGE) comprises those of all central and local government agencies, public institutes and autonomous services, as well as social security and sovereign bodies.

Under the law, the Court of Auditors prepares a non-binding technical opinion on the performance of the General Account of the Budget State of the previous year under government management, at the request of the National Assembly.

The President of the Court of Auditors, Exalgina Gmboa, stressed at the meeting that the opinion delivered to the Parliament's Committee on Economy and Finance includes an evaluation of the last five years of the 2012-2017 National Development Plan.

In its opinion, the TC considered the performance of sectors such as industry, energy and agriculture to be positive, although it acknowledged that they had not achieved the desired goals in the face of the global economic deficit.

In making a comparison between 2016 and 2017, he noted that there had been some evolution in the execution of public funds, due to the relative stability of the oil price, in 2017.

The Court of Auditors recommended to the government "more attention" to the social sector, to improve the indicators, as well as to note the increase in external public debt, which has already exceeded that provided by law.

The chairman of the National Assembly's Finance and Finance Committee, Ruth Mendes, said that the experience of previous years compels parliament to view TC opinions with great interest in order to have the status on financial implementation.

He regretted, however, the fact that the opinion had reached the "house of laws" with a delay of three months, despite the fact that the CGE was admitted to the National Assembly in 2018. The General State Account (CGE) of 2017 must be approved, generally, by the National Assembly until June 30, as required by law.

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Publication:Mena Report
Date:May 22, 2019
Words:317
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