Mon, 29 Jun 2020 11:27 - Updated Mon, 29 Jun 2020 11:26
Akz 30 bln spent on integrated municipal intervention plan projects
Lubango - At least 30 billion kwanzas was earmarked for the implementation of 665 projects of the Integrated Municipal Intervention Plan (PIIM).
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Minister of State for Economic Coordination, Manuel Nunes Júnior
Photo: Pedro Parente
The information was released by minister of State for Economic Coordination, Manuel Nunes Júnior on Saturday in Lubango, southern Huila province.
Speaking at press conference, Manuel Nunes put at 1,700 the number of the projects to be completed until 2022, worth USD 2 billion from the Sovereign Fund.
Angola has been experiencing a period of economic downturn since 2016, a situation worsened by covid-19 pandemic, said Manuel Júnior, who is also Coordinator for Inter-ministerial Commission for the Implementation of PIIM, launched on 27 June 2019.
According to him, this factor makes the country moving backwards instead of progressing, thus causing undesirable social situations, such as unemployment.
With the implementation of PIIM, the first of its kind in Angola and in view of its size, the official said to hope quality results and benefits the people.
Manuel Nunes was accompanied by the Minister of Territory Administration Marcy Lopes, the Secretary of State for Finance Aia Eza da Silva, Secretary of State for Territory Administration Laurinda Cardoso and governors from the country's 18 provinces.
The minister inaugurated on Sunday the Humpata municipality Hospital, located 22 kilometers west from Lubango, the capital of Huila province.
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