The financing agreement to be signed with the entity, belonging to the World Bank, aims to "cover the Strategic Project for Preparation and Response to Covid-19 in Angola, integrated in the National Plan for Preparation and Response to covid-19", states the dispatch by João Lorenzo.
The diploma does not explain how the money will be distributed and how it will be applied, nor what the financing period will be.
The document justifies the initiative with the need to diversify funding sources and the achievement of economic and social objectives of public interest.
The Minister of Finance will be responsible for signing the agreement and documentation related to it.
President approves 150 million funding for pandemic response
The President of the Republic approved a loan of 150 million dollars with the International Bank for Development and Reconstruction (IBRD) to support the response to covid-19.
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