Luanda - Ministry of Finance announced on Friday night the conclusion of the process of distributing subsidies to political parties, ahead of the general elections of 24 August.
The amount, worth 8. 8 billion kwanzas, is intended to secure the public subsidies for the electoral campaigns of political parties.
Each political party and coalition of parties, whose candidacies were approved by the Constitutional Court, is entitled to 1.112 billion Kwanzas to finance electoral campaigns.
The political parties contending in the upcoming August 24 elections are MPLA, PHA, P-NJANGO, UNITA, FNLA, CASA-CE, APN and PRS.
The Ministry of Finance reaffirms its commitment to fulfilling the State's financial obligations, in the sense of consolidating a democratic and lawful State.
