Africa-Press – Angola. The National Interministerial Commission of the Program for the Privatization of State Assets expects to withdraw 25 assets from the total package of companies to be sold, said yesterday the Secretary of State for Finance and Treasury, Ottoniel dos Santos.
The proposal analyzed at this Monday’s meeting, under the guidance of the Minister of State for Economic Coordination, Manuel Nunes Júnior, will be submitted to a higher level, in the coming days, for analysis and approval.
According to the Secretary of State, these are companies with a lack of attractiveness, from the point of view of being alienated, as some defend that they remain in their sphere and others propose a liquidation and not exactly a privatization, given the analyzes made of their situation.
Speaking to the press at the end of the meeting, Ottoniel dos Santos also referred that the Propriv will be extended for a period of five years, justifying the existence of a set of processes to be concluded, and other assets whose applicants could be resolved and enter the privatization process.
Fitting round Kz 561 billion _
Since 2019, when the privatization program started, the Government has already allocated Kz 561 billion to the State coffers, with other contracts being collected with advanced amounts of Kz 394 billion.
According to Ottoniel dos Santos, some installments are currently due, in the amount of 15.1 million kwanzas.
The cashed volume, so far, is the result of the privatization of 96 companies and assets.
At the moment, the privatization of another 82 assets remains, of which 27 are underway, 31 are pending and 25 are yet to be withdrawn from the privatization programme.
Previously, Propriv had a total of 195 companies and assets for privatization, having been reduced to a total of 178 assets, as part of the changes made.
For the Secretary of State, the execution level of Propriv has already reached 69%, having considered it a promising initiative in the sector of the country’s economy.
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