Economic development entails improved business environment

Luanda – Angolan government is working on improving business environment to ensure that the private sector emerges and boosts the country’s economic and social development.

The move was confirmed Thursday by minister of Economy and Planning, Pedro Luis da Fonseca, during a public session to present the National Development Plan (PDN 2018-2022) to national and foreign journalists.

The minister defended macroeconomic stability as crucial for creation of a favourable business environment for the emergence of a strong and competitive private sector.

The PDN is based on six axes, 25 strategic policies and 83 action programmes.

According to him, Human Development and Welfare of population is the “core axis” of the Plan, which gives relevance to the social and cultural rights of the population.

Meanwhile, the official clarified that these rights depend on funding, or resources of the State to meet collective needs.

In turn, the Media minister JoAPound o Melo considered PDN 2018-2022 a key document, underlining that the plan comprises Angola’s development policies and programmes for the next five years in all sectors.

In view of the complexity of the document, the minister recommended that journalists conduct a detailed study of the Plan to better inform communities.

The PND/2018-2022 was approved on 26 April at 4th session of Cabinet Council.

The Plan was recently presented to the entrepreneurial class, diplomatic corps and civil society.

Source: Angola Press News Agency

Economic development entails improved business environment

Luanda – Angolan government is working on improving business environment to ensure that the private sector emerges and boosts the country’s economic and social development.

The move was confirmed Thursday by minister of Economy and Planning, Pedro Luis da Fonseca, during a public session to present the National Development Plan (PDN 2018-2022) to national and foreign journalists.

The minister defended macroeconomic stability as crucial for creation of a favourable business environment for the emergence of a strong and competitive private sector.

The PDN is based on six axes, 25 strategic policies and 83 action programmes.

According to him, Human Development and Welfare of population is the “core axis” of the Plan, which gives relevance to the social and cultural rights of the population.

Meanwhile, the official clarified that these rights depend on funding, or resources of the State to meet collective needs.

In turn, the Media minister JoAPound o Melo considered PDN 2018-2022 a key document, underlining that the plan comprises Angola’s development policies and programmes for the next five years in all sectors.

In view of the complexity of the document, the minister recommended that journalists conduct a detailed study of the Plan to better inform communities.

The PND/2018-2022 was approved on 26 April at 4th session of Cabinet Council.

The Plan was recently presented to the entrepreneurial class, diplomatic corps and civil society.

Source: Angola Press News Agency