There is a need to invest more in the non-oil domain, with the aim of increasing the supply of jobs and monitoring the exchange rate (it went from 150 in 2017 to 10 percent last year, in the difference between the formal and informal market) , argued the economist, quoted by Angop.
Speaking to Angop, Olavo Quintas admitted that the increase in the country's production will allow the economy to be self-sufficient, with special emphasis on basic food basket goods and, consequently, help citizens to regain their purchasing power.
In addition, he also defended the importance of devising strategies that allowed young people to enter the labor market.
Cited by Angop, he said that the Government is expected to continue with the "policies and programs" of the previous Executive: "For the next five years, it is expected that the Executive will continue to implement the policies and programs that were in progress in the previous administration".
In addition, he referred that the foreign dependence of the national economy is high, because the country's production is scarce and also because the external public debt burden in relation to GDP is also quite expressive, writes Angop.
In view of this scenario, the economist argued that the Government should continue to stimulate the country's production, through the promotion of private business activity as well as try to find use in the tax system, with regard to the financing of public capital expenditures, the Angop.
Vicente Costa, also an economist, argues that the Government should continue the economic strategies started in the last five years. "A good business environment will lead to the presence of more investors, a determining factor for the continuous creation of new jobs, reduction of the unemployment rate and the generation of income for people, families and communities", he said, in statements to Angop.
