ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage
Luanda

Max:

Min:

Home » News » Economy

Wed, 13 Nov 2019 18:39 - Updated Wed, 13 Nov 2019 18:39

EU grants over seven million euros

Luanda - The European Union (EU) made available earlier this year 7.7 million euros to support the program for consolidation of economic governance and financial management system of African Portuguese-speaking countries and East Timor.

Send by email

To share this news by email, fill out the information below and click Send

Correct

To report errors in the texts of articles published, fill out the information below and click Send

The purpose of this funding is to strengthen the technical and functional competences of the institutions of control of the national parliaments and civil society of the member countries of the African Portuguese-speaking Countries (PALOP) and East Timor.

The project, which is in its second phase and expected to be completed by 2022, is being implemented in the six African Portuguese-speaking Countries (PALOP) and East Timor.

The initiative is co-financed and administered by UNDP and should absorb the successes of the previous project, broadening the intervention logic with the aim of promoting a south-south and triangular cooperation facility for the consolidation of public financial management systems in the PALOP and Timor-Leste.

On 21 February this year, in Luanda, the second phase of the Angola Court of Auditors' Integrated Work Plan for the period 2019-2022 was signed, under the “Program for the consolidation of Economic Governance and Finance Management Systems”. PALOP-TL ".

Read also
  • 13/11/2019 13:35:06

    Projekta/2019: Civil Engineering Fair opens at ZEE

    Luanda - More than 100 national and foreign exhibitors are attending the 16th Projekta/2019 Edition, which opens its doors this Wednesday (13), at the Luanda/Bengo Special Economic Zone (ZEE).

  • 13/11/2019 13:10:06

    Angola, South Africa enhance contacts for investments

    Pretoria- Angola and South Africa have enhanced contacts with the aim to lure investments to be applied in its first stage in remote agrarian zones of three Angolan provinces, namely Malange, Bie and Cuando Cubango, taking into consideration the farming potential of these regions.

  • 12/11/2019 17:43:23

    Angola records reduction of imports

    Luanda - The State Secretary for Economy, Sergio Santos said Tuesday in Luanda that Angola is now experiencing a reduction in imports, having registered in the first quarter of this year a fall around 50% of imports.