22 February 2013

Angola: Economic Commission Analyses Monetary, Financial Issues

Luanda — The Economic Commission of the Angolan Cabinet Coouncil last Thursday in Luanda held its third extraordinary session of the year 2013, having analysed monetary and financial matters, a gathering that was chaired by President José Eduardo dos Santos.

According to a press note from the meeting, the session discussed issues related to the Memorandum on the evolution of the Monetary, Exchange and External Acccounts markets.

The Executive's economic team also analysed the Memorandum on the amount of sold foreign currency, the cash account draft plan for March and the annual plan of public debts for 2013.

The Economic Commission approved a series of organisational actions, aimed at harmonising the relationship among the various work commissions.

The gathering equally assessed the development of the monetary, exchange and external accounts markets, for the period that goes from 11 to 15 February 2013, in which it was informed that there has been a decrease on the price of crude oil (Brent) to 1.04 per cent.

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