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Angola sets 45 days to distribute fuel cards to economic operators

Economic operators exempt from the new price of petrol will get their fuel cards within 45 days, following the Government decision to scrap the fuel subsidies, with effect on June 2.

This was announced Tuesday in Luanda by the State Secretary for Finance and Treasury, Ottoniel do Santos, who was speaking during a meeting with religious leaders.

Price of gasoline increased from 160 Kwanzas per liter to 300 Kwanzas.

Taxi drivers and motorcycle taxi drivers are receiving personalised cards with the vehicle registration number and are non-transferable.

The cards allow the holders to continue paying a liter of gasoline at the price of 160 kwanzas, instead of 300, announced according to the new tariff.

In 2022, Angola shared a total fuel subsidy of Kz 1.98 billion.

Source: Angola Press News Agency (APNA)

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