Luanda, Jan 13 (Prensa Latina) The Angolan Ministry of Economy and Planning (MEP) informed on Wednesday that more than 2,000 small and medium-size national producers will have access to microcredits during the first half of 2021.
Secretary of State for the Economy Mario Caetano Joao said that the aim is to support 2,300 entrepreneurs in the first half of 2021, for which financing is guaranteed.
According to the official, the aid to micro, small and medium-size businesses will include training and job qualification offers, as well as the registration of producers of goods and services as part of the reconversion of the informal sector.
Small and medium size economic operators generate between 40% and 60% of the Gross Domestic Product in Angola, with a greater presence in agriculture, commerce, fishing, service provision and industrial activity, according to MEP data.
The initiatives underway will make possible to progress in the organization of informal markets, under the Production Support, Export Diversification and Import Substitution Program (PRODESI), Caetano Joao stated.
President Joao Lourenço promised that the executive will continue creating conditions in 2021 to favor the growth of the productive activity, supporting the private sector.
PRODESI will support the training and qualification of workers and entrepreneurs, establish alliances between national businessmen and foreign investors, and propose to expand exports, Lourenço said.
mh/iff/mem/mjm
According to the official, the aid to micro, small and medium-size businesses will include training and job qualification offers, as well as the registration of producers of goods and services as part of the reconversion of the informal sector.
Small and medium size economic operators generate between 40% and 60% of the Gross Domestic Product in Angola, with a greater presence in agriculture, commerce, fishing, service provision and industrial activity, according to MEP data.
The initiatives underway will make possible to progress in the organization of informal markets, under the Production Support, Export Diversification and Import Substitution Program (PRODESI), Caetano Joao stated.
President Joao Lourenço promised that the executive will continue creating conditions in 2021 to favor the growth of the productive activity, supporting the private sector.
PRODESI will support the training and qualification of workers and entrepreneurs, establish alliances between national businessmen and foreign investors, and propose to expand exports, Lourenço said.
mh/iff/mem/mjm
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