Reserve Bank of Angola prepares measures to stabilise economy

BNA Governor Valter Filipe (Photo: Francisco Miudo) BNA Governor Valter Filipe (Photo: Francisco Miudo)

Several actions focused on monetary policy to address some barriers to the prosperity of families are being prepared by the National Reserve Bank of Angola (BNA), as part of the macroeconomic impact of measures, under way in the Central Bank.

According to the governor of the BNA, Valter Filipe, the financial institution will create a greater macroeconomic stability and better monetary policy framework to solve the problem that has to do with the prosperity of families.

Valter Filipe, who was speaking at the end of the speech to the nation delivered today (Monday) by the President of the Republic, José Eduardo dos Santos, considered necessary to reduce prices and inflation.

He said the measures being taken by the BNA will have a significant impact next year (2017).

As for the results of the visit to the United States, where he attended the annual meetings of the International Monetary Fund and World Bank Group, Valter Filipe said there was interest of US entities.

Source: Angop