Government Denies Acquisition of Flags Worth USD 20 Million

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Luanda: The Ministry of Territory Administration (MAT) denied on Wednesday in Luanda the information that flags of the Republic worth 20 million US dollars will be acquired for the celebrations of the 50th anniversary of national independence.

According to Angola Press News Agency, within the framework of the preparation of the MAT’s annual public procurement plan, the need to acquire flags and other national symbols was identified in order to satisfy the various requests from central and local government bodies and private institutions.

However, according to the document, this hypothesis was not included in the budget of the MAT or any other budgetary unit in the framework of the celebrations of the 50th anniversary of national independence.

For this reason, the note clarifies that since there is no budget entry, no bidding process will be launched for the acquisition of flags worth US$20 million, as reported.

The MAT reiterates its commitment to transparent management and a rational and balanced impleme
ntation of expenditures, appropriate to the current situation of the national economy.