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Politics

João Lourenço: internal production is “the only way out” to overcome “sea of difficulties”

The President of the Republic considered that, in the face of the “sea of difficulties” resulting from the low price of oil and covid-19, the only “way out” for Angola is “to produce internally everything that the country's potential allows”.

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"Stimulate the domestic production of goods and services, counting on national and foreign private investment in agriculture, fisheries, industry, tourism, real estate and other branches of the national economy", João Lourenço said this Tuesday.

The President, who was speaking at the Presidential Palace, in Luanda, at the inauguration ceremony of the members of the Economic and Social Council, stressed that the stimulus of domestic production should contribute to the “increase in the job offer”, especially for young people.

At least 46 people, including economists, academics, environmentalists, analysts and other actors in Angolan civil society, make up the current Economic and Social Council, recently created and now installed.

João Lourenço said he had the knowledge and experience of the personalities that make up the Council. "To find together the best ways out of this difficult situation in which we find ourselves," he said, stressing: "But that will be overcome if we work together and with optimism and hope on better days".

"The storm will pass, but the boom only comes with the organized and selfless work of the best children of the country, of those who seek to do well what they know how to do, putting that knowledge in favor of the country's economic and social development", he noted.

The President also expressed confidence to the members of the Economic and Social Council, saying: "Together we will discover the opportunities that lie behind what appears to be only difficulties". "Together we will discover ways to create wealth and end poverty," he noted.

In a look at the world difficulties, aggravated by the fall of oil and by the covid-19, with negative reflexes also for the socioeconomic condition of Angola, he referred that the situation "requires to be more ingenious and creative".

Stressing that everyone wants “the best” for Angola, “regardless of who has the mandate of the people to govern", he stressed that over the three years of his mandate at the head of power in Angola, the executive has sought “to always work with society organized civil society ”.

“With the NGOs, churches, professional and business associations that have helped us to find the best ways to solve the economic and social problems that we face”, he pointed out.

Economists Alves da Rocha, Carlos Rosado de Carvalho, José Severino and Precioso Domingos, environmentalist Vladimir Russo and women's rights activist and defender Delma Monteiro are some of the personalities that make up the Economic and Social Council.

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