Angola: Finance Minister Hopeful of "Angola Day"

Luanda — Angola's Finance minister, Archer Mangueira, said on Monday in Luanda, that he is expectant on the approval in Washington, of the projects the country has submitted to World Bank, which will consecrate Tuesday as "Angola Day".

"We are all expectant on Angola Day, which has been slated for early Tuesday , and we will talk about the expectations, which will be placed upon the country, with important financing to be approved by the World Bank", the minister said.

In this day reserved for Angola, the board of the World Bank is due to discuss and approve the proposals submitted by the Angolan government linked to guarantee of budget support for water sector and strengthening of the social protection sector.

According to an ANGOP source linked to World Bank, the financing to be approved could go above USD 1 billion.

In March this year, the vice president of the World Bank, Hafez Ghanem announced the aforementioned amount, shortly after meeting the President of the Republic, João Lourenço.

With this intention to finance Angola, according to Hafez Ghanem, the World Bank intends to work to assist the country's development and combat against poverty, in social security, education and health sector.

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