Vera Daves was speaking at a press conference in Luanda, two days after the announcement of the third review of the International Monetary Fund (IMF) financing program, where an additional 1 billion dollars was approved.
"We are on the right path, the numbers speak for themselves. Of the additional we would receive 500 million, we will receive another 500 and, at the end of the Fourth Assessment, we received the remainder, and everything will be fine, we will receive another 765 million dollars", said the minister.
The head of the Finance portfolio said that these "are concrete monetary benefits" that the Government wants to put to good use and show that the Angolan public debt, "despite being subject to great pressure, remains sustainable" and brings "tranquility in the medium and long term".
Vera Daves thanked the "movement" of international creditors who were in solidarity with the Government due to this pressure.
"Our multilateral partners and the largest bilateral creditors, observing all this pressure and all the consequences of the pandemic and all the impact that the pandemic is having on Angolan public accounts readily sympathized," he said, which will translate into "savings" concrete ".
According to the minister, the sum of initiatives within the G20 should allow savings of approximately US $ 6 billion to be achieved by 2023.
"Naturally it is a number that excites us, but we cannot be too euphoric because the situation of public accounts remains delicate," said Vera Daves, adding that the public debt 'stock' should reach 123 percent by the end of the year.
With the funds approved, the Government counts "not only to continue to honor the debt service, but to have a reinforcement for the fight" to the covid-19 pandemic, he pointed out.
The IMF decision, announced on Wednesday, brings the total financial assistance program to Angola to almost billion dollars.
Angola announced in June the adhesion to the G20 Debt Service Suspension Initiative (DSSI) in order to negotiate with its sovereign peers the paralysis of debt service in bilateral loans in an agreement that excludes private creditors.
