12 °c
London
Friday, March 24, 2023
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Bank of Angola wants monetary policy focused on agriculture

FurtherAfrica by FurtherAfrica
July 10, 2017
in Africa, Agriculture, Angola, Banking, Currency, Economy, Finance
Reading Time: 1 min read
978 10
0
Angola and Morocco establish partnership in fertilizers
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

Angola has to move towards an exchange rate monetary policy focused on agriculture, domestic production and competitiveness, said the governor of the Central Reserve Bank of Angola (BNA), Valter Filipe da Silva, in Luanda.

According to the official, who was speaking at the end of the 7th Banking-Regulation and Banking Supervision Forum, promoted by Jornal  Expansao (local Newspaper) it is underway a creation of guarantee instruments to make the foreign exchange available to the agricultural sector.

He also said that foreign exchange policy should continue to provide foreign exchange to the market, not in a very administrative way, but giving greater availability to the banking system, looking at the business plan and the commercial banks’ credit plan for these currencies to be effectively for agricultural production.

The Bank governor said that priority should be given to the production of corn and soybeans to reduce the import of flour, as well as other aggregates such as animal feed and increase meat production.

Source: Angop

Related

Tags: agricultureAngolaBanking-Regulation and Banking Supervision ForumBNACentral Reserve Bank of AngolacompetitivenessCurrencydomestic productionkwanzaLuandaValter Filipe da Silvaアンゴラ安哥拉
ScanSendShare395Tweet247Share69Pin89Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Manufacturing

Hitachi begins parts remanufacturing in South Africa

by Energy Capital & Power
March 24, 2023
New portal drives SDGs in Africa
Development

Africa needs to invest in data statistics to attain SDGs

by FurtherAfrica
March 24, 2023
Development

Angola needs to allocate 10% of its budget to improve water and sanitation sector

by FurtherAfrica
March 24, 2023
The Forbes Billionaires’ list: Africa’s richest people 2022
Economy

The 26 most developed financial markets in Africa

by Mark-Anthony Johnson
March 24, 2023
Economy

Africa must address the impact of a strong US dollar on its economies

by The Exchange
March 24, 2023
Platform Africa 2023
 
Mozambique eVisa
 
MozParks
 

Translate this page

Read the Latest

Manufacturing

Hitachi begins parts remanufacturing in South Africa

by Energy Capital & Power
March 24, 2023
0

Construction equipment company, Hitachi Construction Machinery, has begun the production of remanufactured parts for construction machinery in South Africa. The...

Read more
New portal drives SDGs in Africa

Africa needs to invest in data statistics to attain SDGs

March 24, 2023

Angola needs to allocate 10% of its budget to improve water and sanitation sector

March 24, 2023
The Forbes Billionaires’ list: Africa’s richest people 2022

The 26 most developed financial markets in Africa

March 24, 2023

Africa must address the impact of a strong US dollar on its economies

March 24, 2023

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
O Económico Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 100,049 other subscribers.
FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?