Angola: Specialist defends mechanism to control price speculation

Luanda – The Angolan tax consultant, Luis Faria, defended on Friday the need for the creation of an effective economic mechanism to control the prices, thus avoiding its speculation at the domestic informal market.

Speaking to Angop about the way of controlling the prices rise in the face of the salary adjustment announced by the Angolan government, the economist reaffirmed that the economy is dynamic.

According to him, the readjustment of the salary tends to rise the prices, but he believes that the government will create political and economical effective conditions to control this trend.

He pointed out the salary readjustment as a generator of family savings increasing their purchase power.

Source: Angola Press News Agency