BNA may lower inflation to stabilize economy

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BNA may lower inflation to stabilize economy
BNA may lower inflation to stabilize economy

Africa-Press – Angola. The current inflation rate in the country’s economy could be below the current figure set at 18.19 percent, with the aim of stabilizing the national economy, reported this Monday, in Luena, the governor of the National Bank of Angola (BNA), Manuel Dias.

To this end, the governor of the Central Bank announced that the BNA’s Monetary Policy Committee (CPM) may meet on the 19th of this month (January) to analyze and discuss the reduction in the inflation rate.

The measure aims to make the country’s economy increasingly stable, according to the BNA governor, when speaking to the press, as part of a 24-hour visit to the province of Moxico.

The official reiterated that stabilizing prices in the national economy continues to be the main challenge for this financial institution.

Asked about the current situation of the national financial system, he said that “from a global and systemic point of view, it is performing well, judging by several indicators that have permanently been the objective of evaluation by the Financial System Stability Committee of this body”.

The perspective for this year, according to the director, is to continue working on the implementation of the BNA’s strategic plan in force since 2023, until 2028 for the success of the country’s Central Bank’s duties.

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