23 April 2009
Luanda — The Angolan Commerce minister, Idalina Valente, said Wednesday in Luanda, that the Rural Trade Promotion Programme for the 2009-2012 period, approved by the Government, aims at the gradual rehabilitation of all shops in rural areas, to encourage agricultural production and trade.
According to Idalina Valente, who was speaking to the press at the end of the meeting of the Cabinet Council, the programme aims at the creation of synergies to resolve problems of rural trade and make them available to the agriculture food industry.
The programme will be run by phases include initially the provinces of Uíge, Malanje, Kwanza Sul, Huambo, Benguela Bié, Huíla and Cunene.
According to her, the criterion for choosing the provinces was based on each potential.
The executors and partners of the programme are the wholesale importers, retailers and banks and there will be a guarantee fund to support loans and lines of credit for the programme, it was said.
The minister assured that the State will guide the implementation of the policy, adding that there will be a multi-sectoral commission to set the rules, procedures and structures in the provinces.
At its Wednesday's meeting, the Cabinet Council approved the creation of the Institute for Public Business, as a legal entity with a public personality, legal capacity and administrative and financial autonomy, to deal with the issues related to public business and the processes of privatisation and re-privatisation.
On the other hand, the Angolan Institute of State Participation and the Business Restructuring Office, were dismantled.
The government authorised "Ferrangol EP" to establish a public-private partnership with the firms Antex-Angola, Calfisa-SA, and Kilate Ralo SA-SA, for the prospecting, exploration and reconnaissance of gold from the M'Popo region, under the Kassinga mining concession, in southern Huíla province, for further exploration and trade.
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