Angola: Agricultural sector expected to grow by over 20 pct in 2009

10 November 2008

Luanda, Angola, 10 Nov – The Angolan agricultural sector in 2009 is expected to see growth of over 20 percent, due to investments in the creation and modernisation of infrastructures to support agriculture, the minister for planning, Ana Dias Lourenço said Friday in Luanda.

“The target we have set is of two-digits, and thus over 20 percent,” Lourenço said in a an interview with Angolan news agency Angop, after the presentation of the State Budget and the 2009 National Plan to the country’s parliament.

The Government’s National Plan outlines, as one of its objectives, a guarantee of food safety, which will include investments in fishing and industry, according to the minister.

Also in the agricultural sector, Lourenço noted investments in reconstruction of irrigation areas and research centres, as important measures to increase crop productivity and improving the quality fo seeds.

The Council of Ministers recently approved the State Budget for 2009, with estimated revenues of 3 trillion kwanzas.

In terms of budgetary distribution, the social sector, with 34 percent of total expenditure, continues to be the area of highest spending, followed by administration (general public services) with 29.2 percent and the economic sector, with 14,7 percent. (macauhub)