Luanda – Cabinet Council’s Economic Commission recommended Wednesday the immediate and effective implementation of measures to stimulate the economy and boost its potential.
The decision, which is expressed in a press release from the 6th session of the Economic Commission, led by the head of State João Lourenço, is part of the recently approved economic diversification process.
The meeting recommended measures to increase domestic production of widely consumed products in order to reduce the general level of prices and the unemployment rate.
Wednesday's session approved the executive macroeconomic programme for 2023, which assesses the performance of the variables during the first half of the current year.
The executive macroeconomic programme shows the basic assumptions assumed for the projections of the real, fiscal, monetary and external sectors of the economy for the periods subsequent to the year 2023.
The Economic Commission considers that high risks to the performance of the national economy prevail, due to the current geopolitical situation and the reduction in oil production.
The Commission also approved the report on the execution of the General State Budget (OGE) for the second quarter of 2023. JFS/AL/ADR
