Luanda, ANGOLA, September 16 - The Economic Commission of the Cabinet Council last Friday, in Luanda, approved the Assessment Report on the Macroeconomic Stabilisation Programme relating to the second quarter of the year 2018.,

According to the final communiqué of the meeting, chaired by President João Lourenço, the referred programme has recorded meaningful progress, despite the fact that some of its aspects do need a certain improvement.   

 

Thus, the meeting recommended the need to speed up the implementation of the measures outlined in the programme, so that a new cycle can be initiated in the year 2019, which must be characterised by durable growth and a boost in the process of attracting investments.

 

The Economic Commission also passed a Regulation that backs the Private Investment Law, on which it is specified the procedures to submit investment proposals, attribution of fiscal incentives, among other issues,

 

In the same session, the Economic Council also passed the Action Plan and budget for the Programme to Support Production, Diversification of Exportations and Importations Substitutions (PRODESI).

 

In the context of the economic diversification process, the Economic Commission of the Cabinet Council approved the PRODESI plan, a document which identifies projects and activities aimed at ensuring the achievement of the objectives and goals expressed in the National Development Plan (PND) for the 2018/2022 period.

PRODESI is one of the 83 programmes of the PDN to be implemented in partnership among the State, businesspeople and university centres of scientific research, according to the official.

 

 

 

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