Angola Plans to Cut Fuel Subsidies Without Price Increases

Angola plans to reduce fuel subsidy spending in 2027 without significant increases in pump prices, according to a statement from the government. The country is sub-Saharan Africa's second-largest oil producer. Angola said it will rely on other cost-reduction measures to achieve the subsidy cuts, though specific measures were not detailed in the announcement.

• Bloomberg — Angola Plans to Cut Fuel Subsidies Without Price Increases

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