Luanda – The Programme for Reconversion of the Informal Economy (PREI), which began in 2020, has now formalized around 168,000 entrepreneurs, from 14 provinces, of the 200,000 expected by July of this year.
According to the director of the Office for Population Policy of the Ministry for the Economy and Planning, Adriano Borja, 74 percent of entrepreneurs are women, with Luanda province accounting for 52 percent of formalized operators.
He said that four provinces remained to receive PREI, namely Kwanza Sul, Benguela, Cuando Cubango and Cabinda, where 32,000 entrepreneurs are expected to be registered and formalized.
In the provinces of Kwanza Sul and Benguela, the Programme for Reconversion of the Informal Economy will begin on 26 and 27 of this month, respectively, whilst in Cabinda and Cuando Cubango it will begin in June, thus marking the end of this first cycle, which runs until July of this year.
Source: Angola Press News Agency