Vera Daves' statements, cited in a statement from the Ministry of Finance, were made in the context of a ministerial meeting promoted by the Paris Forum and the Saudi presidency of the G-20 (a group that brings together the 19 largest world economies and the European Union), in which the minister participated at the invitation of her French counterpart Bruno Le Maire.
The holder of the Finance portfolio signaled Angola's “fruitful partnership” with multilateral and bilateral institutions, as well as the reform agenda to attract private investment, “in order to promote a better business environment”.
Angola joined the G-20 initiative, for the temporary suspension of debt service, and, in parallel, it has carried out other approaches with creditors, "which have generated significant savings" and "should put Angola in a better position to promote economic development.”, the ministry's statement said.
The document does not refer to the debt renegotiation that is underway with China, according to what has been published in the press.
Vera Daves also addressed the Government's initiatives to face “the shocks caused by the covid-19” and the investments made in improving the infrastructure to face this public health crisis.
The meeting had as its motto “Facing the Covid-19 crisis: restoring sustainable capital flows and robust financing” and took place in a video-conference format, with the participation of several finance ministers, central bank governors and senior figures from the economy and finance.
Minister Vera Daves participated in the opening panel of the conference, alongside the director general of the International Monetary Fund (IMF), Kristalina Georgieva, and the president of the World Bank, David Malpass.
The finance ministers of South Korea and Mexico, Hong Nam Ki and Arturo Herrera, respectively, spoke on the same panel.
