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Mon, 07 Mar 2016 17:57 - Updated Mon, 07 Mar 2016 19:35

National Reserve Bank to strengthen role of exchange authority

Luanda - The National Bank of Angola (BNA) will strengthen its role as a foreign exchange authority, the monetary sector regulatory and supervisory.

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Governador do Banco Nacional de Angola (BNA), Valter Filipe Duarte da Silva

Photo: F. Miudo

This is aimed to establish in the country a stronger financial system and contribute to the prosperity of businesses and households.

This was said by the new governor of the BNA, Valter Duarte da Silva, when speaking to journalists Monday after being sworn in the new functions by the President of the Republic, José Eduardo dos Santos.

According to Valter Duarte da Silva, the President wants greater prosperity of businesses and households, and this requires a stronger financial system.

The governor of the BNA is convinced that the mission entrusted to him is divine. "It is a divine mission because God wants."

On the other hand, newly appointed minister of Hotels and Tourism, Paulino Domingos Baptista, said that the sector is "key" to the search for more revenue for the State coffers.

In the current situation, said the new trade minister, Fiel Constantino also sworn in Monday, we think there are some difficulties in the development of trade internally. "We have to identify where the problem is and find the best solutions."

In the Urbanism and Housing sector, the new Incumbent Minister, Branca Neto do Espirito Santo defended a diagnosis of the sector and resizing programs.

According to the minister, it is necessary to create conditions for the National Programme of Urbanism and Housing.

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