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Wednesday, 17 November 2021

Salary increase in 2022 to boost purchasing power




Luanda – Finance minister Vera Daves said on Monday, in Luanda, that the expected salary increase for the civil service, in 2022, aims to restore the purchasing power of Angolan families.

"The concern with the salary increase is not only with public employees, but with all Angolans who need to recover purchasing power for the well-being of families," she said. 

 

The minister said so during an informal meeting with journalists and opinion makers, within the scope of the approval of the 2022 General State Budget (OGE/2022). 

 

Without specifying the percentage of increase, the minister stated that technical work is in progress, in order to make the necessary adjustments.

 

Although it has not yet been validated by the Ministries of Finance (MINFIN) and Public Administration, Labor and Social Security (MAPTSS), she stressed that the eventual increase will be made within the limits of the government's available financial capacity. 

 

Regarding the possible rise in the inflation rate as a result of the increase in the salary of the civil service, Vera Daves explained that it will depend on the flexibility study on future budgets. 

 

She also said that such a study, is being carried out by the finance technical committee, and the outcome will be known shortly.

 

In addition to the salary increase, the minister for Finance pointed out, on the other hand, the strengthening of the business environment in Angola as another challenge for the government, in the sense of creating more jobs for Angolans. 

 

On the occasion, Vera Daves also clarified that the Ministry of Finance does not interfere in the expenses or contracting of services by the different ministerial departments, as it only establishes and provides a financial ceiling, and intervenes when it notices defects in expenses or encounters incorrect actions. 

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