Africa-Press – Angola. The manufacturing industry and the geology and marine sector stand out among the segments most guaranteed by the Credit Guarantee Fund (FGC), from 2019 to March this year, with 319, of the total of 826 projects, representing 38.7 %.
In the last five years, these sectors obtained 258 billion, 185 million, 868 thousand, 965 kwanzas from the Bank and the FGC secured this financing with 159 billion, 568 million 400 thousand 447, he revealed Monday, in Lubango , the administrator for the Business Area of this public institution, Eduardo Mohamed.
The guarantees limit the projects affected by Notice No10/2020, mainly the Credit Support Program (PAC), the Commercial Agriculture Development Project (PDAC) and the Support Line for Sustainable Projects (LAPS), said the FGC administrator.
Eduardo Mohamed, made it known that, in total, the FGC guarantee for the 826 projects was 347 billion, 104 billion, 305 thousand, 722 kwanzas, whose financing obtained from banks is 567 billion, 769 million, 100 thousand 533, covering 214 micro, 191 small and 457 medium-sized companies.
He detailed that of the total value of the guarantee, 68 billion, 824 million, 337 thousand 487 kwanzas went to the agriculture sector, 42 billion, 599 million, 566 thousand, 214 for livestock, 39 billion, 13 million, 853 thousand, 26 for fisheries.
Support services for the productive sector had a guarantee of 24 billion, 296 million 488 thousand 744 kwanzas, the construction material sector with 12 billion, 801 million 659 thousand 802.
As for the amount financed, according to the source, the agricultural sector received 109 billion, 261 million, 833 thousand 274, livestock 71 billion, 128 million, 698 thousand 017, fisheries 74 billion, 637 million, 624 thousand, 724.
Support services for the productive sector 35 billion, 167 million, 756 thousand 373, for construction material 19 billion, 387 million 319 thousand 177.
Eduardo Mohamed made it known that the province that pocketed the largest share of financing is Luanda, with 342 guarantees valued at 166 billion, 176 million, 890 thousand 647 kwanzas and concrete financing of 270 billion, 292 million, 200 thousand 216.
The least benefited, according to the source, is Lunda-Norte with two guarantees of one billion, 243 million, 405, 335 thousand kwanzas and one billion financing, 661 million 873 thousand 780.
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