Luanda – The Draft Law on the new General Tax Code that will replace the one in force in Angola since 1969, was unanimously approved Thursday in Luanda at a session of the National Assembly’s specialised commissions following relevant amendments. 

 
The MPs of the Commissions of Economy and Finance and Constitutional Affairs backed the draft during a session chaired by the chairman of the former, Diógenes de Oliveira, in the presence of members of the Executive.

 
The report presented by MP Sérgio do Santos says that the draft that will be submitted for definite approval to the next plenary session of the Parliament, will be the basis for the reform of the tax system underway in the country.

Meanwhile, the session also approved the Draft Law on Incentives to Angolan Oil Companies, the Draft Resolution that alters the International Monetary Fund Statutes And the Draft Resolution on the revised Cotonou Accord.

 
The session was witnessed by the ministers of Finance, Carlos Alberto Lopes, Oil, Botelho de Vasconcelos, Planning, Ana Dias Lourenço, and Justice, Guilhermina Prata.