{"id":42018,"date":"2023-08-14T15:39:41","date_gmt":"2023-08-14T15:39:41","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/?p=42018"},"modified":"2023-08-14T15:36:54","modified_gmt":"2023-08-14T15:36:54","slug":"sadc-with-economic-growth-in-the-order-of-4-8-percent","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/sadc-with-economic-growth-in-the-order-of-4-8-percent","title":{"rendered":"SADC with economic growth in the order of 4.8 percent"},"content":{"rendered":"

Africa-Press – Angola. <\/strong><\/span>The president of the Council of Ministers of the Southern African Development Community (SADC), Te\u0301te Anto\u0301nio, said this Sunday that the region recorded, in 2022, an economic growth of around 4.8 percent, slightly above the 4.7 percent registered in 2021.<\/b><\/p>\n

The president of the SADC Council of Ministers, who was speaking during the organization’s ordinary session, stressed that, despite the challenges facing the region in the face of an adverse global context, there has been remarkable economic growth.<\/p>\n

Te\u0301te Anto\u0301nio also highlighted the reduction of budget deficits in several Member States, as a reflection of prudent budgetary management in a context of restrictions and negative shocks.<\/p>\n

The official also pointed out that the current account deficit as a percentage of GDP in the region improved slightly from 4.3% of GDP in 2021 to 4.1% of GDP in 2022.<\/p>\n

According to Te\u0301te Anto\u0301nio, although the above-mentioned data are encouraging, there are much remains to be done in pursuit of deepening the process of industrialization of the markets, since the risks that weigh on the forecasts tend to the negative side.<\/p>\n

\u201cIncluding geopolitical tensions, food insecurity, potential financial instability resulting from the contraction of monetary policy and the increase in debt levels, which requires greater commitment and dedication from Member States to face the uncertain and rather volatile context of the context internationally”, he underlined.<\/p>\n

Te\u0301te Anto\u0301nio praised the determination, unity and complementarity of joint efforts of the SADC mission in Mozambique, aimed at combating the threat of terrorism and violent extremism in Cabo Delgado province.<\/p>\n

The Angolan minister reaffirmed his determination to continue supporting the Democratic Republic of Congo, with a view to restoring peace and tranquility in the eastern region of the country.<\/p>\n

In turn, the Minister of Regional Integration and Francophonie of the Democratic Republic of Congo, Antipas Mbusa Nyamwisi, spoke of the vision of SADC 2050, Strategic Indicative Plan for Regional Development (RISDP 2020\u20132030), Master Plan for the Development of Regional Infrastructures (RIDMP), as well as the SADC Industrialization Strategy and Roadmap 2017-2063.<\/p>\n

Representatives of the 16 Member States of the organization participate in the opening session of the SADC Council of Ministers to analyze the various documents submitted by Senior Officials of the Committee of Experts of the regional institution.<\/p>\n

The 43rd Ordinary Summit of Heads of State and Government of the Southern African Development Community takes place under the theme \u201cHuman and Financial Capital: Key Factors for Sustainable Industrialization in the SADC Region.<\/p>\n

During the next 12 months, the Presidency of Angola will, together, concentrate its attention and focus on human and financial capital as catalysts for industrialization.<\/p>\n

For More News And Analysis About Angola<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Angola. The president of the Council of Ministers of the Southern African Development Community (SADC), Te\u0301te Anto\u0301nio, said this Sunday that the region recorded, in 2022, an economic growth of around 4.8 percent, slightly above the 4.7 percent registered in 2021. The president of the SADC Council of Ministers, who was speaking during […]<\/p>\n","protected":false},"author":84,"featured_media":42017,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[233,337,329],"class_list":["post-42018","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-angola","tag-angola"],"yoast_head":"\nSADC with economic growth in the order of 4.8 percent - Angola<\/title>\n<meta name=\"description\" content=\"The president of the Council of Ministers of the Southern African Development Community (SADC), Te\u0301te Anto\u0301nio, said ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/sadc-with-economic-growth-in-the-order-of-4-8-percent\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SADC with economic growth in the order of 4.8 percent\" \/>\n<meta property=\"og:description\" content=\"The president of the Council of Ministers of the Southern African Development Community (SADC), Te\u0301te Anto\u0301nio, said ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/sadc-with-economic-growth-in-the-order-of-4-8-percent\" \/>\n<meta property=\"og:site_name\" content=\"Angola\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-14T15:39:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2023\/08\/sm_1692010060.43972.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1620\" \/>\n\t<meta property=\"og:image:height\" content=\"1041\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/sadc-with-economic-growth-in-the-order-of-4-8-percent#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/sadc-with-economic-growth-in-the-order-of-4-8-percent\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"SADC with economic growth in the order of 4.8 percent\",\"datePublished\":\"2023-08-14T15:39:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/sadc-with-economic-growth-in-the-order-of-4-8-percent\"},\"wordCount\":450,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/sadc-with-economic-growth-in-the-order-of-4-8-percent#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2023\/08\/sm_1692010060.43972.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Angola\",\"Angola\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/sadc-with-economic-growth-in-the-order-of-4-8-percent#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/sadc-with-economic-growth-in-the-order-of-4-8-percent\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/sadc-with-economic-growth-in-the-order-of-4-8-percent\",\"name\":\"SADC with economic growth in the order of 4.8 percent - 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