The Economic Commission of the Council of Ministers, in a statement, informed that it learned of a memorandum on the balance of measures to "alleviate" the economic impact caused by the new coronavirus, noting that, in general, "they are being used by the class business and families ".
As for the financing lines opened under those measures, the Government said, in the same note, that "they will provide a financial injection in the productive sector of the national economy of about 489 billion kuanzas, for which 1964 companies and cooperatives have already applied for. "
At this Wednesday's meeting, the Economic Commission of the Council of Ministers also carried out a mid-term review of the National Development Plan 2018-2022 and considered the Executive's Action Plan proposal for 2020-2022.
With regard to the banking sector, the National Bank of Angola's (BNA) proposals for notices were also considered, namely, on the Operating Rules of the Credit Guarantee Fund, which "establishes the operational and prudential rules applicable in the exercise of the activity of the Credit Guarantee Fund ”.
The operating rules of credit guarantee societies, as well as the amendment to the law that establishes minimum capital and regulatory capital applicable to non-bank financial institutions, linked to currency and credit, and subject to BNA supervision, were also analyzed.
