Socioeconomic stability passes through small businesses – economists

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Socioeconomic stability passes through small businesses – economists
Socioeconomic stability passes through small businesses – economists

Africa-Press – Angola. Angola’s economic and social stability depends, essentially, on the resurgence of the microeconomy or small business economy, as well as on encouraging national agricultural production, considered, this Saturday, Angolan economist Eduardo Silva.

Regarding the emergence of the “Relógio Económico” platform, the expert justified his statement with the fact that small businesses generate a sum of income that contributes significantly to the country’s economic growth.

To this end, the academic also defended the need for microeconomics to be supported by national banks, which must give different treatment, in relation to the demands imposed on medium and large companies.

For example, “you should not ask a fish seller or reseller for a feasibility study, but rather you should make the granting of micro credit more flexible in a responsible way”, he advocated.

According to Eduardo Silva, the creation of less bureaucratic micro credit is necessary to revive the microeconomy and, consequently, boost the country’s macroeconomy.

“The challenge of making the national economy prosperous is not an exclusive action of the Government, but rather a challenge for all Angolans, with each citizen called upon to do their part, to shorten the stages of the country’s economic growth and development and achieve our goals. earlier. But if Angolans leave this responsibility solely to the Executive, we will be able to postpone this goal”, he warned.

On the other hand, he pointed to the scarcity of domestic production as a factor that has accelerated the price levels of goods and services in the Angolan economy, with emphasis on food products.

Given this scenario, he defended the need for homogeneous production, in order to increase the availability of goods and services in the national market and reduce imports.

Along the same path, economist José Lumbo points to the construction, agriculture and fishing sectors as the decisive factors that must be supported, to boost other areas and ensure the growth of the Gross Domestic Product (GDP), as well as reduce hunger and poverty in Angola.

Economic Clock appears to decode economic terms

Regarding the launch of the Relógio Económico platform, it is a pedagogical tool that brings together academics and various experts, to help clarify and decode the technical language of some economic terms, such as GDP, GNP, inflation, OGE, public finances, exchange rate, among other topics.

According to the director of this platform, José Lumbo, during the debate sessions, which can be watched in person or via YouTube and Facebook, free of charge, experts will demystify the technical and scientific contents of books related to economic science, reconciling the theory to practice.

The economist, also an economist, assured that the initiative, created by the company “Keynesianos Consulting”, in partnership with “Elejer”, will also serve to “hunt for new talents” who present interesting topics in the dissertation at the end of the course at the academies.

In the first session, the experts addressed the topic “GDP from the perspective of production”, which included the interaction of students, academics, among other individuals.

He highlighted that, with the launch of the Economic Clock, whose debates will be held every fortnight, it is expected that there will be a society with greater literacy in economic matters, bringing added value that will allow citizens, in general, and students, in in particular, have solid knowledge about the national economy.

With this knowledge, José Lumbo believes that citizens will be able to monitor in the best possible way the acts carried out by the public administration in matters related to the country’s economy.

He also added that the materials to be presented by academics on the platform will also allow people to monitor the evolution of the impact of macroeconomic measures outlined by the Angolan Government.

For this initiative to have the intended impact, the director calls for massive people to join the program, which targets students, specialists from various areas of knowledge, among other individuals.

On the other hand, he said that the acoustic room prepared for the debates will also be used to provide technical-professional training, as it is an accredited training center for this purpose.

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