Angola Denies IMF Pressure Behind Rise in Fuel Prices 

Angola has denied that it was abolishing fuel subsidies as a result of pressure from the International Monetary Fund. <br />Finance Minister Vera Daves says that the withdrawal of fuel subsidies came as a result of a sovereign decision by the Angolan government. <br />It follows the government's decision to raise the price of petrol from 160 kwanzas to 300 kwanzas per litre, which came into effect on Thursday. <br />The measure does not affect public service vehicles and motorcycles - whose operators will get a non-transferable pre-paid card that they will use to buy fuel.<br /><br />This show is part of the Spreaker Prime Network, if you are interested in advertising on this podcast, contact us at <a href="https://www.spreaker.com/show/4166630/advertisement">https://www.spreaker.com/show/4166630/advertisement</a>