Soyo: The Monetary Policy Committee of the National Bank of Angola (BNA) convened in the municipality of Soyo, located in the northern Zaire province, to discuss the country's economic and financial situation. The meeting is set to last two days and focuses on crucial strategies to curb inflation and maintain national currency stability.
According to Angola Press News Agency, the meeting, led by the governor of the central bank, Manuel Tiago Dias, will include an assessment of various economic measures such as interest rates and the coefficient of mandatory reserves. These discussions aim to formulate strategies that will ensure economic stability within Angola.
Governor Tiago Dias emphasized that the committee will not only analyze the bank's internal situation but will also review international economic and financial matters. The Monetary Policy Committee (CPM) of the BNA is tasked with formulating and implementing Angola's monetary and exchange rate policy.
