Africa > Central Africa > Angola > Angola - Finance Ministry Guarantees Payment of Salaries Until December 18

Angola: Angola - Finance Ministry Guarantees Payment of Salaries Until December 18

2015/12/15

The salaries in the public service for the current month will be paid until December 18, assured last Thursday, in Luanda, the national director for the Treasury, Walter Aires.

According to Walter Aires, the salaries for the previous months have been completely released by the Finance Ministry to all the public institutions, so there should be no back pay with the exception of some Interior Ministry staff, a situation that is as well being tackled.

"Despite the in general situation, due to the strong fall of the crude-oil price in the international markets, since June 2014, the Angolan government has been able to honour its principal commitments, with emphasis on the payment of salaries, thanks to a prudent and strict fiscal policy", said the national director of the Treasury.

He further explained that in the last throughout the last three months the Finance Ministry, as it had announced, has been paying the yearend bonus (as well dubbed 13th month fee) in instalments, which means the last lump sum must be released in December.

Walter Aires added that besides the salaries, the Finance Ministry must as well fasten the payment of certain social benefits and subsidies, such as pensions and external scholarships.

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