Angola parties to get state cash ahead of electionBy ARNALDO VIEIRA in Luanda | Thursday, June 7  2012 at  13:26

All political parties in Angola will benefit from government financial support, it has been announced.

Parliamentary Affairs minister Norberto dos Santos said every party and recognised coalition would be allocated at least $90,000 (9.6 million Kwanzas).

The money is meant to help the parties prepare for parliamentary elections scheduled for August 31.

Mr Dos Santos said 77 parties and seven coalitions recognised by the constitutional would be funded.

Those eyeing the cash have until next Wednesday to submit their applications to the Ministry of Parliamentary Affairs.

The applications, the parties have been told, should indicate the bank accounts into which the Ministry of Finance can deposit the money for those that are successful.

The first disbursement is intended to help the parties in the nomination of candidates for the various seats.

A second disbursement will be made only to parties and coalitions that will have been cleared by the Constitutional Court to contest the elections.

The number of candidates in each party or coalition will determine the total amount to be allocated.

The party with the parliamentary majority forms the next government.

Independence party MPLA is widely expected to retain its grip on power.