Ver Angola

Energy

Industrialists consider a wise gradual withdrawal of fuel subsidies

The vice-president of the Industrial Association of Angola (AIA) considered this Friday the measure of gradual reduction of fuel subsidies, but it remains to be seen its effectiveness in practice, giving the Government "the benefit of the doubt".

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For Eliseu Gaspar, speaking to the Lusa news agency, the Government's fuel subsidy consumed large resources in the country's economy, noting that they had already advocated the withdrawal of the subsidy for some time.

"Now we are going to see the effectiveness of this on prices, but it is a good measure", he considered, referring that there must have been a period of preparation for people, as "it was very sudden".

The Government announced Thursday the increase from this Friday in the prices of gasoline, the only oil derivative that has changed, from 160 kwanzas to 300 kwanzas per litre.

According to Eliseu Gaspar, the amount of the increase "is fair because even the price is still below the real value".

"We continue to have the lowest value. In Portugal the price is one euro and such, which is around 600 kwanzas and we are at 300 kwanzas, almost half the real price of fuel", he stressed.

The official also welcomed the maintenance of subsidies to public transport and no change in the price of diesel, generally used by trucks, buses and large machines, safeguarding a rise in prices of essential goods.

Eliseu Gaspar said that there was some fear regarding the mechanism found by the Government to allow taxi drivers and motorcycle taxi drivers to refuel their vehicles at fuel pumps at the previous price of 160 kwanzas, but the solution was the right one.

"The cards that will be assigned to beneficiaries have a daily 'plafond'. The fear, before taking real contact with the measures, was that taxi drivers would spend the day filling up the deposits and selling to other people, after all the limitation of the daily 'plafond' will also inhibit this question of speculation, of taking advantage of certain sectors", he observed.

"Let's give the benefit of the doubt, it's a fact that the friends of easy profit are always waiting and eventually they can find ways to take advantage of it", he stressed.

The head of the AIA recalled, however, that most taxi drivers and motorcyclists are not registered and a tiny part that is registered will have access to these cards.

"The rest will remain the same there, naturally we will watch the short routes, increases in pulls", he added.

For industries, the scenario is one of tranquility because "generally industries run on diesel and then there will be no problems".

"Now we are going to have impacts, this shortening of routes and even the eventual increase in fish, because I have doubts that the vessels are all registered and the vessels that go out to sea are small barges that work with gasoline engines, then we will also have an impact of the price increase on fish", he pointed out.

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