Luanda -  Angola will reach a global growth of its Gross Domestic Product (GDP) of 1,3 percent until the end of the year, thanks mainly to a positive performance of the country’s non-productive sector, said Tuesday in Luanda the minister of Economy.

Manuel Júnior was speaking to the press at the end of the ceremony of presentation of the drafts of the National Plan for 2010/2011 and of the 2010 State Budget to the National Assembly (Angolan Parliament).

According to the minister, the country expects a non-oil product growth of 5, 2 percent which will allow the creation of jobs, incomes and ensure the implementation of the main Government’s goals, focused on the reduction of poverty, hunger and misery.

He stated that the 5,2 percent growth, taking into account the international context, is positive, in a year when the oil sector recorded a negative growth of 3,6 percent.

To the minister of Economy, as the year nears the end, “we can say with satisfaction that the Angolan economy has not experienced a recession, neither has it contracted, unlike many economies in the world that, due to the effects of the crisis, had their production retracted”.

Speaking on the performance of the Angolan economy in 2009, the minister said it was characterized by the effects of the strong international financial and economic crisis, especially with regard to revenues.

The oil prices, he explained, recorded in the first quarter of the year very low levels, forcing the revision of the plan and the state budget, adjusting them to the revenues.

The draft Budget presented Tuesday to the Parliament sets global revenues of about USD 30 billion, of which 30% will be earmarked for the social sector.