11 December 2012

Angola: Cabinet Council Analyses Development Plan, State Budget Proposal

Luanda — The first extraordinary session of the Cabinet Council held on Tuesday in Luanda, under the chair of the President of the Republic, José Eduardo dos Santos, analysed the national pla of development for 2013-2017 period and the proposal of the state budget for the coming year, Angop has learnt.

A press note delivered to Angop says that the plan is a planning tool of medium term that aims for the implementation by the executive of a set of policies that secures the national unity, improvement of people's living standards, insertion of youth in active life, betterment of the public business sector and continuous development of the private sector.

The document also says that state budget proposal keeps commitments with the Executive with the practical works of the tax management in order to secure the stability and sustainable growth of the economy and also foresees the granting of about a third of the available resources, thus representing the permanent engagement of the executive in the improvement of the Angolan people's living standards.

"With the goal of improving the process of public contracting and increase the rigour in the procedures to be noticed by contracting public firms, the Cabinet Council analysed a bill on alteration of the law 20/10, on eptember 2007, of public contracting that will be submitted to the National Assembly", reads the document.

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