Angola’s macroeconomic stability praised by international organizations, deputy prime minister says

12 April 2006

Luanda, Angola, 12 April – Angola’s deputy prime minister, Aguinaldo Jaime, said in Luanda Tuesday that Angola’s macroeconomic stability had been continually praised by international organization and is an example to be followed by African countries with few financial resources.

Speaking at the opening of the 6th Meeting of Portuguese Language Economists, Jaime called on the Angolan economists taking part in the event to tell their colleagues about their experiences from the process that is gradually leading Angola into sustainable development.

Jaime reiterated that the success of the Angolan government’s economic policy was based on reducing public debt, modernizing the civil service, liberalizing financial services and controlling inflation.

The 6th Meeting of Portuguese Language Economists is entitled, “Sustainability and Environmental and Natural Resources Economics” and is being promoted by the Association of Portuguese Language Economists.

The event aims to encourage interchange, debate, the results of research and conceptualization of experiences in creating income and national accumulation of riches.

During the three days of the meeting, due to end on Thursday, the economists will discuss issues that are inherent to the International Monetary Fund Linear Programming Model and its implications for the economic growth of countries in Sub-Saharan Africa.

The Luanda meeting is hosted by the Association of Portuguese Language Economists (AELP), which was set up in 1995. (macauhub)