Angola’s Finance Minister prioritises macroeconomic stability

8 September 2016

The need to ensure Angola’s macroeconomic to help the growth of the economy is a priority according to Angola’s new Finance Minister, Archer de Sousa Mangueira, according to the Angolan press.

After being sworn in by the President, the new minister acknowledged that Angola is experiencing a difficult period and said he would focus on careful management of state resources and the modernisation of public finances.

Augusto Archer de Sousa Mangueira, who from 2012 was the chairman of the Capital Market Commission, was previously a lecturer at the Faculty of Economics, of Agostinho Neto University and superior technical officer at Studies and Planning Office of power distribution company EDEL. He later worked as an advisor to the Office of the President, economic advisor to the President of the Republic and coordinator of the technical group of the Council of Ministers.

He was also Secretary of State for Trade, Deputy Minister of Trade, a member of the National Commission for Rural Development and Combating Poverty and chairman of the Angolan Handball Federation. (macauhub/AO)