According to the chairman of the Board of Directors of the National Institute of Support to Micro, Small and Medium Enterprises (INAPEM), Anito Agostinho, of the more than 1900 companies that applied for the purchase from national producers, 120 have already been determined.
The Government has available a credit line from the Development Bank of Angola (BDA) of 17.6 billion kwanzas to finance the purchase of the commerce and distribution operators from national producers of products such as corn, cassava, wheat, rice, sugar, cabbage, potatoes, among others.
This Friday, the Ministry of Economy and Planning, represented by INAPEM, started, in Luanda, the symbolic act on the formalization of the granting of credit that should extend throughout the national territory.
"We have already presented the operating mechanism for the concession and we are now formalizing the granting of credit," said Anito Agostinho at the end of the signing ceremony of the memoranda with the operators.
In addition to signing memoranda with trade and distribution operators, INAPEM also invited 10 companies that in the process will support producers with the supply of raw materials such as seeds, pesticides, fertilizers, among others.
"These are the companies that are going to put in the country the availability of the products that producers need in terms of seeds, pesticides and fertilizers. We currently have about 10 companies that have joined our program," explained the official.
For the import of raw materials, there is a credit line domiciled at the Banco de Poupança e Crédito (BPC) of 68 billion kwanzas.
The initiatives fall within the scope of the implementation of the economic relief measures approved by the Government on 9 April, to "mitigate the impact of the negative effects" of the pandemic on the economy.
Raul Mateus, chairman of the Board of Directors of the modern food marketing and distribution company, valued the initiative of the Angolan Government considering that it is important to "empower the national producer".
"And if there is no capital at a time like this it becomes more difficult, this will stimulate national production because the distribution will buy from the national producer and will stimulate their investment capacity so that they increase their crops," he told reporters.
The representative of Biocom Angola, a bioenergy company, Luís Gordílio, told Lusa that the Government's initiative will contribute to the "promotion and growth of domestic production", guaranteeing to supply the surplus of its production of dolomitic limestone to farmers.
