Africa-Press – Angola. About 55 percent of the global amount, 1 billion kwanzas, for the gradual implementation of the Long Term Strategy (ELP – Angola 2050), will come from foreign direct investment, said Thursday, the Minister of Economy and Planning, Mário Caetano João.
Speaking to the press, at the end of the media consultation meeting, within the scope of the ELP – Angola 2050, the official also advanced that the General State Budget (OGE) will finance 30 percent of this long-term project.
The oil sector and commercial banking are expected to finance at around 11 and 10 percent, respectively.
According to the gradual financing plan for the Angola-2050 Strategy, it should come from different segments of the national economy, personal investments, small businesses and micro, small and medium-sized companies.
The ELP – Angola 2050 is the basic tool for the elaboration of the National Development Plan (PDN), which presents the strategic options for the country’s long-term development, being elaborated based on analysis of scenarios, for the national, sectoral and territorial.
The strategy will bring a global vision to Angola and its role at the international level, in the next 27 years, presenting five (5) priority axes of development as “a society that values and enhances its human capital”, “a diversified and prosperous economy ”, “modern and competitive infrastructure”.
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