Angola: Guidelines for search of external resources for BDA approved

According to the Official Gazette 1st Series, dated of February 15, 2017, to which Angop had access, the President of the Republic, Jose Eduardo dos Santos, in accordance with the terms of the Constitution, revoked all legislation that contravenes the Present Decree.

The order defines the guidelines for the search of funds by the Government or the Development Bank of Angola “BDA”, of external financial resources that are destined to the financing of private investment projects, within the priority programmes of the Government.

According to the document, the Government’s Priority Programmes (PP) are the Directed and Related Programmes (PDAs), which are created by the Executive, those finances by BDA (PF-BDA) and Angola Investe (PAI).

Source: Angola Press News Agency