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Fri, 04 Mar 2016 16:38 - Updated Fri, 04 Mar 2016 18:28

BNA: Imports level to remain unchanged

Luanda - The governor of National Reserve Bank of Angola (BNA) José Pedro de Morais assured Thursday in Luanda that despite the economic crisis the level of imports in the country will remain unchanged this year just like of 2012.

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José Pedro de Morais, National Bank Governor

Photo: Lino Guimaraes/Arquivo

The BNA governor was answering the concerns from MPs of the 5th Specialised Commission of Parliament at the meeting of Cabinet Council's Economic Commission and managers of commercial banks.

The official said that shortage of foreign currency to import drugs would have been unlikely.

The import of goods that recorded a rising trend until 2014 fell in 2015, said the governor.

Admitting that such an increase may fall a little this year, the official assured that the country's import level for 2016 will be just like that of  2012.

The governor also admitted probability (if there is no mismanagement) to meet the most essential sectors of our society, such as drugs, basic essential goods, basic raw materials for the manufacturing sector.

To this end, José Pedro de Morais stressed the need for an orderly system to grant foreign currency to avoid the feeling of panic in the market.

While,  the minister of Economy Abraão Gourgel, who was also answering the concern of MPs, said that the programme related to acceleration of diversification of economy to support the entrepreneurship will continue.

He announced that the process will be performed at a lower pace due to the current situation, adding that the acceleration programme of diversification of the economy will focus, in the short term, on

the content that is absorbed by crisis exit strategy.

This also include the public-private partnerships and reforms aimed at improving the business environment, he added.

The official assured that the government will focus on the increase of the local production

to ensure major supply of basic goods that contribute to the export of surplus.

Whereas, the Trade minister, Rosa Pacavira, clarified that the process to monitor the prices was adopted not only to deal with current crisis but also due to the existence of many opportunist in the country.

Speaking on behalf of managers of Commercial banks, Amilcar Silva, defended the need to share the available scarce resources.

The delegation of the Economic Commission of Cabinet Council was headed by the Minister of State and Chief of Civil Affairs of the President of Republic, Edeltrudes Costa.

Tags Angola   Economy   Finances  

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