Angola's Minister of State for Economic Coordination Jose de Lima Massano said the Angolan government was foreseeing a windfall of around 3.2 trillion kwanza ($3.5 billion, or around 2.4% of GDP) in 2026 assuming an average price of $80 per barrel of oil by the end of 2026, Ver Angola reported on April 22. Massano said the conflict may last longer than initially anticipated but that the government was not intent on pressing ahead with additional spending, although he noted that it may now have a "lower need" to issue new debt.

Angola is heavily reliant on crude oil exports as a source of government revenue as well as hard currency. The Angolan government has faced persistent fiscal challenges in recent years amid declining output linked to maturing fields, elevated debt repayments and low oil prices prior to the Iran war. The country's 2026 budget, approved before the outbreak of the Iran war, includes a benchmark of $61 a barrel and foresaw a fiscal deficit of -2.8% of GDP.