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Thu, 06 Aug 2020 18:04 - Updated Thu, 06 Aug 2020 18:05

Government implements over two thousand projects

Luanda - At least 2,570 projects with an economic and social impact, out of the 3,433 initially planned, will be implemented by the government under the amended National Development Plan (PDN) (2018-2022).

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The priority in the revised plan is for actions or programmes that will accelerate the process of diversification of the economy and also for the education, health and social action sectors, the funds for which will be secured with ordinary treasury resources.

According to the Secretary of State for Planning, Milton Reis, who was speaking at the session to present the revised plan, from 2021 onwards, the General State Budget (OGE) will directly finance the projects or actions included in the PDN, or in other words it will be a programme budget, unlike the current one.

He clarified that the prioritization of the programs was based on projects financed by internal and external credit lines, with cash financing, such as Eurobonds, PIIM, Signature Bonuses, among others.

He went on to say that in the first axis of the PDN, dedicated to Human Development and Well-being, 23 of the 27 programmes initially planned were prioritised, in axis two of Sustainable Economic Development, Diversified and Inclusive, 20 of the 24 programmes.

For axis three, National Infrastructures for Development, 10 of the 11 programs, for axis four, Consolidation of Peace, Strengthening of the Democratic State and For the programs related to human rights, Good Governance, State Reform and Decentralization, eight of the nine previously programmed were prioritized.

The fifth axis, Harmonious Territorial Development, has not changed in any way in the six programs foreseen in the sixth axis, Guaranteeing the Stability and Territorial Integrity of Angola and Strengthening its Role in the International and Regional Context.

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