In a statement to Lusa, José Severino expressed concern about the situation of many companies that only have enough cash flow to pay one or two months' salary.
"There needs to be cash flow in the economy. The solutions to the problems are not just investment, but the injection of liquidity, that is what we are asking for. Right now we need liquidity, liquidity, so that we don't let those who survived die," he said.
"We know that the government has its limitations, so what we propose is that the tax policy should be incisive, where there is more accumulation of wealth, but should cover all those who participate in some way in the economy and should make a minimal contribution", said José Severino.
The president of the EIA considers it necessary to broaden the tax base so that "everyone pays", stressing that this "citizenship tax" would also allow citizens to be more demanding towards the state.
With "suffocating" inflation and low levels of consumption due to the problems of unemployment and poverty, José Severino maintained that the country also needs to resolve the problems of "unstructured hyperurbanisation" that is taking place in some cities and suggested the allocation of checks of 3 to 4 thousand dollars to "invite" Angolan families to return to the countryside.
The head of the EIA stressed that the crisis since 2018 has worsened due to the effects of the covid-19 pandemic that caused a sharp drop in oil prices, creating additional difficulties for a country based on this raw material its exchange and fiscal flows.
On Tuesday, the EIA management presented these proposals at a meeting with the National Bank of Angola (BNA) where issues related to the analysis of the impact of covid-19 on the national economy were discussed.
The meeting also highlighted the support needed for the production sector in order to alleviate the pressures on the companies' treasuries and to allow for the continuity of activities and the maintenance of jobs, according to a communiqué published on the BNA's website.
