Angola’s 2013-2017 National Development Plan still in place

5 February 2015

The government of Angola has concrete measures to address the current drop in oil prices without having to disrupt the national economy, the national director for local budgets of the Ministry of Finance. said Tuesday in Luanda.

Lino Quienda Mateus Sebastião made the statement during a lecture organised by the National School of Administration, in order to society’s awareness of the influence of international oil prices and their consequences for the Angolan economy.

Mateus Sebastião said the government’s targets included in the 2013-2017 National Development Plan remain valid and in place, as they include projects that make the country grow safely, according to Angolan news agency Angop.

The national director of external marketing of the Oil Ministry, Manuel Albino Ferreira said that the rationalisation of expenditure at all levels should be the government’s response and of families in general to face the current oil price drop on the international market.

The lecture was intended to help increase the efficiency and quality of public and private services to solidify Angola’s economic growth and sustainable development. (macauhub/AO)