Ver Angola


New policy for REA approved by the Government

A new policy for the Strategic Food Reserve (REA) was approved, this Tuesday, by the Government. At issue is the measure that establishes the minimum reference prices for obtaining and possible composition of the REA's physical reserve with goods of widespread consumption and national production, both in the short, medium and long term.

: Ampe Rogério/Lusa
Ampe Rogério/Lusa  

This policy – which was reviewed by the Executive during the seventh Ordinary Meeting of the Economic Commission of the Council of Ministers – aims to help stabilize the supply of food products, in quantity and price, in order to alleviate possible disturbances in the market, as well as enabling accessibility to essential goods at non-speculative values in rural and urban consumption centers, writes Angop.

The measure, according to Angop, also aims to stimulate the increase in national production by ensuring the acquisition of its remainder, thus contributing to the reduction in the use of imports.

At the meeting, chaired by the President of the Republic, João Lourenço, the body also gave the 'green light' to the Legal Regime Applicable to the Acquisition of Broad Consumption Goods and Incentives for National Production. According to Angop, this document, in addition to including concrete measures aimed at promoting national production, also provides for the State's obligation to obtain products of widespread consumption produced in the country and products with the stamp 'Made in Angola', as well as a regulation for "non-automatic licensing of imports and exports of consumer goods".

Thus, import licenses will only be granted to products not produced in the country in sufficient volumes to satisfy demand, while export licenses will be reserved for products in excess of the country's needs.

It should be noted that the meeting took place, this Tuesday, at the Presidential Palace, where several issues were on the table.


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