Luanda — The Cabinet Council Wednesday here approved a contract to fund the acquisition of equipment, with view to install factories of construction materials and an Credit Agreement to fund part of the costs of the project of financial management assistance.

The Cabinet also approved the Credit Agreement to fund part of the costs of the Water and Basic Sanitation Project of Sumbe, coastal Kwanza Sul province, and for the increase of investment in the project of the new Cement Factory in Lobito city, central Benguela province.

Presided over by the Head of State, José Eduardo dos Santos, the second extraordinary session of the Cabinet Council analysed, positively, the key contract of supply of services with the firm AUDEC Ltd, for the institutional development and supply of the Division of Special Regimes of Taxation of the National Department of Taxes.

The Cabinet, whose session ended early afternoon, analysed economic, political and social issues.