The Operation will support the Government of Angola to achieve more sustainable and inclusive growth, through (i) a macro-financial and institutional environment that is conducive to private-sector led growth; and (ii) financial and social inclusion.
The series’ Program Development Objectives (PDOs) are to support the government to achieve more sustainable and inclusive growth, through (i) a macro-financial and institutional environment that is conducive to private-sector led growth; and (ii) financial and social inclusion. The reforms under the two objectives mutually reinforce each other and are expected to make the country more resilient to shocks, raise investor confidence, and foster fiscal sustainability and private-sector-led growth over the medium-term. The operation is organized around two pillars, each including several policy areas:
Pillar 1: Strengthening the macro-financial and institutional environment. Policy areas include: strengthening natural resource management; strengthening financial sector resilience; strengthening management and commercial viability of SOEs; supporting pricing and subsidy reform for financial sustainability and effective service provision; and leveling the playing field for private investment.
Pillar 2: Protecting the poor and vulnerable. Policy areas include: protecting the poor and vulnerable from shocks; and increasing access to finance.
Norbert Matthias Fiess, Mazen Bouri
Ministry of Finance
Ministry of Finance
Dr. Osvaldo Joao
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