2023-05-04 23:17:52
The European Union (EU) and the Angolan Government signed, this Thursday, in Luanda, three agreements valued at 120.1 million euros, within the scope of the Multiannual Indicative Program (PIP) 2021-2027 for Angola.
The agreements signed by the head of the EU delegation, Jeannette Seppen, and by the Minister of Economy and Planning, Mário Caetano João, include the program to revitalize agriculture, which is estimated at 40 million euros, aimed at boosting the network of 12 institutes agrarian.
The aforementioned agricultural programme, according to Jeannette Seppen, will boost student job creation and boost the adaptation of the agricultural sector with regard to climate change and the country’s nutritional needs.
Jeannette Sppen also said that the program will transform such institutes to benefit the community, through extension activities and improvement of infrastructures.
According to the official, the second program concerns the formalization of the economy, including social protection and support for the management of public finances, which currently has funding of 62 million euros from the European Union.
He also pointed out the programme, estimated at 17,500 euros, which aims to facilitate support for the development strategies of the Government of Angola.
On the occasion, the Minister of Economy and Planning, Mário Caetano João, explained that such signatures are included in the sharing of experience and good practices between Angola and the European Union.
Hence, he said, Angola has been the object of increasing attention from many countries and international development agencies, due not only to political and economic reforms, but above all to institutional adjustments.
He made it known that a constant and permanent process aimed at increasing transparency, through the adoption of good management practices, has been a factor in attracting foreign investment and credibility with development financing institutions.
Based on the Government’s planning instruments, namely the Angola 2050 Long-Term Strategy, in its conclusive phase, the perspectives of the National Development Plan 2023-2027, the European Union designated its priority areas for Angola in the period 2021-2027.
The European Union highlighted sustainable economic diversification, transparent, accountable and effective governance, as well as the state of human development.
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