Financial Services & Investments
Angola Projects Non-Oil Taxes to Surpass Oil Revenue in Historic 2026 Shift
Angola's 2026 budget forecasts non-oil revenue at 10.6 trillion kwanza ($11.4 billion, 7.8% GDP) exceeding oil receipts for first time, driven by tax reforms, customs digitalisation, and base expansion reducing oil dependency (historically 95% exports/60% fiscal).