Angola: Government Presents Macroeconomic Framework to World Bank, IMF

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Angola: Government Presents Macroeconomic Framework to World Bank, IMF
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The Angolan government presented the country's macroeconomic framework to the World Bank and the International Monetary Fund (IMF) in Morocco, as part of the process to attract investment opportunities to the real economy sector, especially for the Lobito Corridor.

This was presented by a high-level delegation led by the Finance Minister Vera Daves de Sousa, including Economy and Planning Minister Mário Caetano João and the governor of the National Bank of Angola , Manuel Tiago Dias, who attended statutory and bilateral meetings with the World Bank's vice-president for Central and Southern Africa, Victoria Kwakwa, in Marrakech, Morocco.

The Minister of Economy and Planning, Mário Caetano João, said the meetings were fruitful, with the parties involved seeking partnerships for development and the calling for more funding for the production and distribution of electricity in Africa. Mario Caetano said the country managed to approve the"diversifica mais project", to be implemented along the Lobito Corridor, with the aim to improve business environment, develop and foster economic activity along the corridor.

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