Angola will produce an average of 1.89 mmbbl of crude oil next year, according to budget projections, slightly higher than current official production levels, Reuters reported.

Angola, a member of oil-producing group OPEC and a key oil supplier to China, has based its 2016 budget on an average oil price of $45 per day. The spending plan was presented to parliament on the 17th of November.

Africa’s second largest oil exporter forecasts total government debt will reach around 50% of GDP next year, up from 46% recorded last month.