Angola creates Strategic State Food Reserve

18 May 2017

The Angolan government will launch by the end of June the Strategic State Food Reserve to guarantee the supply of some food products “for a certain period of time”, according to a joint statement from the Ministries of Economy, Finance, Agriculture and Trade.

The order establishes a technical group to prepare, in technical and legal terms, the Strategic State Food Reserve, which will include some of the products of the basic basket of goods, such as wheat flour and maize, rice, beans, sugar and salt.

Jofre Van-Dúnem Júnior, president of the Entreposto Aduaneiro de Angola (Angolan Customs Warehouse – EAA), a public company created in 2002 that manages this State reserve, said recently that it would be regulated by June or July and added that in reality it already exists, “although not in the quantity that is planned.”

The proposed study provides for a Strategic Food Reserve with a physical storage component at strategic points in the country, with a capacity to cover between three and six months of consumption needs. (macauhub)