Investments to boost human development
Luanda, ANGOLA, March 1 - The improvement of the human development index is one of the pillars in the Draft Law on Private Investment, which outlines the principles to facilitate, promote and accelerate the application of capitals in the country.
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The document was analysed last Wednesday by the Cabinet Council.
After the Cabinet Council session, the minister of Economy and Planning, Pedro Luís da Fonseca, gave some explanation about the content of the document.
As regards the improvement of the human development index, the government official said to the press that the authorities established that the country should reach the medium development index by the end of the current legislature (2022).
He also defended that the implementation of public policies in the social domain, mainly in areas like health and education, need to be well publicised.
Regarding the rest of the economy, the minister stated that its growth is linked to strategic variables, among which are the exports to counteract the excess of imports.
In view of this, the government has already approved a programme of support to the productive sector to promote the diversification of the economy and, subsequently, increase substantially the country’s imports.
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