Angola Saves Usd 300 Million in Imports

Shipping containers lie stacked in Mogadishu port in Somalia on September 17, 2015.

Luanda — Angola spent USD 900 million this year in import of goods, less than USD 300 million compared to 2019, stated Thursday the Head of State João Lourenço.

In 2019 the country spent USD 1.3 million in import of the goods only.

The reduction in imports owed to the fall of the oil price in the international marked and covid-19, stressed João Lourenço in his State of the Nation Address delivered at National Assembly, to mark the opening of the 2021/2021 Parliamentary Year on Thursday.

More From: ANGOP

Don't Miss

AllAfrica publishes around 900 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.