The Website for Economic Relief (https://alivioeconomico.org/), recently launched by the Ministry of Economy and Planning of Angola, is a digital tool that outlines the measures taken by the government to alleviate the negative impact of the Covid-19 pandemic on the country’s economy.
Angolan state newspaper Jornal de Angola reported that the website provides information on a variety of subjects, including tax relief, social security requirements, financing packages and some current expenditure to be carried out.
With these measures, the government intends to support entrepreneurs with a focus on income and on workers, and economic operators can indicate their interest in benefiting in a transparent way from the ongoing measures, designed to provide support in this difficult phase that the country is experiencing.
Adopted at the last meeting of the Economic Commission of the Council of Ministers, the set of measures is immediate and is intended to mitigate the effects of the sharp reduction in oil prices on the international market, which currently stands at between US$28 and US$30 on businesses, families and, mainly, the informal sector of the national economy.
Other measures are to ensure financial support to maintain minimum levels of activity of micro, small and medium-sized enterprises in the manufacturing sector, through the consignment of around 448 billion kwanzas and the removal of some administrative procedures. These are mainly related to setting up companies, such as statistical registration and requests for a commercial permit to conduct certain activities.
The complete list of measures adopted by the government of Angola is available at: http://www.mep.gov.ao/vernoticia.aspx?id=49779. (macauhub)