Africa-Press – Angola. The substantial improvement in the production and distribution of electricity to the Angolan population results from the assertive application of public policies in this sector, which has stood out with the presentation of concrete and tangible results in the country, acknowledged economist António Estote.
According to the expert, public policies are the “only ways for the State to intervene in the economy”, with a view to influencing and guiding other economic agents to achieve the goals set for the country’s economic development. That is, the State cannot intervene in the economy without having a policy.
At the end of the first edition of the Forum on Economic Growth and Sustainability of Angola, held last Thursday, in Luanda, the source highlighted that when public policies are well defined and applied, the results to be achieved are satisfactory.
As an example, he pointed out the improvement in the stabilization of electricity production, through the Energy Strategy defined by the Angolan Government in 2011, as one of the success stories of a successful public policy.
As a result of this Strategy, he recognized that the country currently has hydropower generation from three large dams that satisfy the demand of the national market, despite still registering a deficit in the transport and distribution of electricity to the population.
On the other hand, although he recognized one of the successful cases in the correct application of public policies in the energy sector, the economist recalled that there are still measures that have not had the desired effects, such as the Lobito Oil Refinery project (Benguela) .
According to António Estote, this infrastructure needs to give concrete results, related to oil refining and the generation of greater added value for the national economy, through the export of refined products.
In addition to the Lobito Refinery, the economist noted that there are also other more intermediate public policy initiatives, whose implementation needs greater intensity and depth.
In this case, he suggested, it is necessary to look at unsuccessful measures, especially in terms of strengthening coordination, monitoring and follow-up, with a view to correcting the next public policy actions.
The Forum on Economic Growth and Sustainability in Angola, which debated topics such as “Economic development and sustainability”, “Privatization of public companies”, “The role of public policies”, and “The contribution of digital transformation”, is an initiative of “Consultora Finance”.
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