Angola: Angola Ends Diesel Subsidies to Free $3b for Social Spending

[Daba Finance] Angola has removed diesel subsidies, raising pump prices by 50% as part of an International Monetary Fund-backed plan to redirect public funds As of Monday, diesel cost 300 kwanzas ($0.33) per liter, up from 200 kwanzas marking second increase in a year The IMF estimates the move could free up $3 billion--equivalent to Angola's current combined health and education budget

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