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Politics

João Lourenço approves financing of 50 million euros for the purchase of health products

The President of the Republic approved the conclusion of a financing agreement, between Angola and the European Investment Bank, in the amount of 50 million euros for the purchase and supply of health products to combat covid-19.

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João Lourenço, in presidential order no. pandemic in the country.

The agreement must ensure the "necessary financial resources" to finance the Project to Support the Management of Purchasing and Supply of Health Products, within the framework of the national response to combat covid-19.

The Minister of Finance, representing the Republic of Angola, is authorized, with the power to sub-delegate, to sign the financing agreement and all documentation related thereto.

Angola, which has been in a situation of public calamity for more than two years, has 96,582 positive cases of covid-19, with 87,222 recovered, 1,888 deaths and 7,472 active cases.

Covid-19 has caused at least 5.58 million deaths worldwide since the beginning of the pandemic, according to the latest report by the Agence France-Presse.

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