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Wed, 23 Mar 2016 12:54 - Updated Wed, 23 Mar 2016 12:52

Bié gets over Akz 1.0 billion from State Budget

Kuito - At least Akz 1.1 billion from the State Budget has been allocated to central Bié province to cover public spending in the first quarter of this year (Usd 1.0 is Akz 160) .

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Bié: Government headquarters

Photo: LEONARDO CASTRO

 

The information was released to the press Wednesday in Kuito city by Bié province director of the Study and Planning Department, Juvenal Teixeira da Silva Girao.

The official explained that as compared to the previous year (2015), there has been a decrease of about 30 percent, due to the hard financial situation facing the country, following the fall in the oil price in the international market.

He said that the amount does not meet the expectations of the province and is to be used mainly in the sectors of education, health, energy, water and basic services.

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