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3/17/10 9:30 PM

Angola
2009 Economic indicators remained stable

Luanda – The Angolan economic indicators remained stabled in 2009, with a real growth rate of 2,7 percent, as a result of the expansion of the non-oil sector.


The information is contained in a report on the implementation of the main macro-economic and structural management measures in the year in respect.

 
Approved Wednesday in Luanda by the Standing Commission of the Cabinet Council, the report shows that the oil sector has suffered a contraction of 5,1 percent.


The accumulated inflation in 2009 was of 13,9 percent (lightly above the estimated 12,5 percent) and recorded an accumulated depreciation of the national currency by 18,93 percent on Luanda’s informal market.

 
At Wednesday’s meeting, the Standing Commission approved a programme for the main macro-economic and structural management measures for this year, and its executive macro-economic    programming, including the Treasury’s financial programming for the second quarter of 2010.


Chaired by the head of State, José Eduardo dos Santos, the Standing Commission meeting recommended the Cabinet’s Economic Commission to consider as its fundamental documents, the National Plan, the State Budget and its norms, the annual executive macro-economic programming, the quarterly programming and the treasure plans.


On the other hand, the Standing Commission learned about the report on the “Water for All” programme for 2009 and approved its revised plan of action.

 
 
The “Water for All” programme is intended to supply drinking water to the country’s rural areas, through the construction of small systems, seeking to cover 80 percent of the population.

 
According to existing data, the programme has so far covered 2.3 million people, that is about 33 percent of the rural population of the country The said revised action plan is intended to secure drinking water to more than 3.6 million inhabitants from 1,620 villages until 2012.






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