Africa-Press – Angola. Information about the reduction in the stock of Angolan public debt from 72 billion US dollars (1 USD is worth 837 kwanzas), in 2022, to 66 billion, in 2023, a fact that demonstrates the continuous decreasing trend of this liability , marked economic news last week.
According to the director of the Public Debt Management Unit (UGDP), Dorivaldo Teixeira, the Angolan Executive has optimized the debt profile, which allows positive forecasts to be made.
The technician was speaking this Friday in Washington, United States of America, as part of the annual meetings of the International Monetary Fund (IMF) and the World Bank (WB), having considered it necessary to create conditions to optimize the respective debt , without causing an impact on its performance and the execution of public expenditure.
Angola participates in the event, taking place from the 15th to the 21st of this month, with a delegation led by the Minister of Finance, Vera Daves de Sousa, with a focus on attracting foreign direct investment.
Another topic of note in the last seven days is the suspension, by the General Tax Administration (AGT), of the collection of customs fees on postal parcels and express postal cargo.
The suspension of customs taxes, in force until May 31st, aims to allow operators to harmonize the system for processing processes electronically in alignment with the 2022 version of the customs tariff.
In turn, the Ministry of Finance provided a line of financing for local suppliers of goods and services, from which they will be able to benefit, through the granting of short-term credit, for the purchase of inputs.
The amount of the financing line amounts to up to 200 billion kwanza, with the State guaranteeing up to 100 billion kwanza, equivalent to 50%. The action has legal support in Notice No. 10/22, of April 6, from the National Bank of Angola (BNA), as explained by the ministerial department.
During the period in question, information linked to the movement and social impact of the Multicaixa Network echoed in the agency’s news, over recent times, the holding of the 3rd edition of the Angola Digital Forum (ADF), the 1st training seminar on the Census2024, as well as the BNA Forum on preventing money laundering.
A note from the Interbank Services Company (EMIS) indicates that more than 2.7 billion kwanzas are handled by Multicaixa Network card users, in a universe of 3.6 thousand ATMs and around 185 thousand Automatic Payment Terminals (TPA ).
Also throughout the week, the Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, defended sustainable exploration for the construction of a gold value chain, for the diversification of the national economy.
The government official was speaking at the workshop on Mineral Resources and the Gold Value Chain in Angola, held in the city of Huambo, in an initiative of the ministerial department.
He highlighted the need to capture concrete projects for the exploration of this mineral, such as the construction of refineries to promote social and economic development, through the employability of the national workforce.
The holder of the Energy and Water portfolio, João Baptista Borges, represented the country at the 14th Assembly of the International Renewable Energy Agency, in the United Arab Emirates.
In his intervention, he reiterated that the 2023-2027 energy sector action plan, aligned with the 2050 long-term agenda, foresees the continued diversification of the energy mix in order to incorporate at least 72 percent of renewable energy.
The participation of an Angolan delegation in the 33rd Regional Conference of the United Nations Food and Agriculture Fund (FAO), from the 18th to the 20th of this month, in Rabat, Kingdom of Morocco, and the signing of a memorandum of understanding to facilitate access to credit to Micro, Small, Medium Enterprises, Cooperatives and Individual Entrepreneurs (MSME’s) between the Credit Guarantee Fund (FGC) and BIC bank are also among the highlights.
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