"The proposed Budget for 2021 reflects a continuity Budget that will contribute to the perpetuation of extreme poverty, high levels of unemployment and territorial inequalities", wrote the activists of this NGO in a commentary to the budget signed by Rafael Morais.
According to the analysis sent to Lusa, "high levels of poverty and informality associated to the lack of access to sanitation, health care and social protection are strong constraints to the capacity of containing the spread of covid-19 and overcoming the current economic crisis".
For this NGO, "the Government's major challenge for next year will be to cushion the impact of this crisis on the lives of Angolans, to prevent the mass bankruptcy of companies, while at the same time trying to prevent the number of fatalities by covid-19 from being similar to what is seen in other regions of the world.
Recalling that the economy has not grown since 2016, with an accumulated drop in Gross Domestic Product of 9 per cent, this NGO argues that "the policies embraced by the Government to remain very dependent on oil sector revenues for the Budget and as a source of foreign exchange result in a low level of development" and adds that "diversification only happens in the medium and long term when better development strategies and the necessary investments are outlined".
According to the NGO Friends of Angola, "the incentive and financial support from private companies, in particular small and medium sized de facto companies to create jobs, and investment in human capital is fundamental to change the fragile economic framework that Angola is experiencing at the moment".
