Ecolex Logo
The gateway to
environmental law
Search results » Legislation

Presidential Decree no. 156/16 on the Regulation of the National Development Fund.

Country/Territory
Angola
Document type
Regulation
Date
2016
Source
FAO, FAOLEX
Original source
Diário da República, I Série, No. 135.
Subject
General
Keyword
Special fund Public private partnership (PPP) Agricultural development Sustainable development Subsidy/incentive
Geographical area
Africa, Central Africa, Least Developed Countries, South Atlantic
Entry into force notes
This Presidential Decree enters into force on the day of its publication.
Abstract

This Presidential Decree, consisting of 17 articles divided into four Chapters, approves the Regulation of the National Development Fund (FND). The Fund is a set of values made available to the Development Bank of Angola (BDA) by the National Treasury, with a view to financing projects in the national private sector, within the scope of the Country's Development Plans and in accordance with the strategy defined by the Government, which defines the terms and conditions for the management, administration and application of its resources. The Fund aims at supporting cultural projects, private projects for social investments, in the areas of income generation, urban services, health, education and sport, food, housing, the environment, rural development and others linked to regional and social development.

Full text
Portuguese
Website
www.legis-palop.org

References - Legislation

Amended by

Presidential Decree No. 230/20 amending article 3 of the National Development Fund Regulation, approved by Presidential Decree No. 156/16.

Legislation | Angola | 2020

Keyword: Special fund, Legal proceedings/administrative proceedings

Source: FAO, FAOLEX