ANGOP - Angola Press News AgencyANGOP - Angola Press News Agency

Go to homepage
Luanda

Max:

Min:

Home » News » Economy

Wed, 01 Jul 2020 15:58 - Updated Wed, 01 Jul 2020 19:32

Finance Ministry debt payment relieves companies

Benguela - The private business sector in Benguela is currently experiencing relief due to the payment by the Ministry of Finance of 31.6 billion kwanzas from the total 48 billion kwanzas of the debt validated, contracted between 2013 and 2017, Angop leant on Wednesday from a government source.

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

Speaking about the meeting of the community consultation council held on Tuesday, the secretary general of the Benguela government, Achiles de Carvalho, said that the amount corresponds to two thirds of the total value of the debt, and that the authorities are working towards the overall settlement of the amount.

As for the Program of Integrated Municipal Intervention, the source added that the province has in general 62 projects planned, of which 31 are already being implemented in five of the 10 municipalities, while seven others will be implemented very soon.

Among the new projects already approved and in the process of being financially supported by the Ministry of Finance there is a medical centre, two schools and earthworks.

In his turn, the head of the National Statistics Institute in Benguela, José Maria Martins, explained that the local population grew from 2.36 million inhabitants, in 2014, to 2.6 million inhabitants, in 2020, a growth of 100,000 inhabitants per year.

Local authorities see these figures as challenging in terms of providing basic social services, namely the supply of electricity and the distribution of drinking water to the new growing neighborhoods.

Read also
  • 08/05/2020 14:24:08

    Benguela hotels chain records 60 percent drop in revenues

    Benguela - The hotels chain in southern Benguela province has recorded 60 percent loss in revenues due to the covid-19 pandemic, the head of the Association of Hoteliers and Similar, Jorge Gabriel, told ANGOP Friday.

  • 07/05/2020 12:32:23

    Covid-19: Country plans to increase salt production

    Benguela - Angola will increase salt production, this year, from 109,000 to 120,000 tonnes, despite the covid-19 pandemic that plagues the world, the president of the Producers Association (Aprosal), Tottas Garrido, has disclosed.

  • 23/04/2020 16:03:59

    Finance Ministry clarifies public procurement under Covid-19

    Luanda - The Finance Ministry clarified on Thursday that all public contracts for the acquisition of goods and public works contracts for preventing and combating Covid-19 must be made under simplified procurement procedure, based on material and urgency criteria.