The Angolan Executive will continue to work to ensure price stability in the economy, through consistent actions that benefit citizens, assured this Saturday, in Luanda, the Minister of State for Economic Coordination, José de Lima Massano.
According to the official, who was speaking to the press, at the end of a field trip in Angolan fishing companies, in the municipality of Viana (Luanda), it is necessary to work to find solutions that, from a transversal point of view, can protect all Angolans.
“Our actions must be consistent, benefiting the majority of the population, without privileging just a certain layer or social class”, he stated.
To stabilize prices and encourage national production, the Angolan Executive has implemented measures, with emphasis on reducing Value Added Tax (VAT) on widely consumed food goods and their production factors, from 14 to 5%.
This action covers 20 categories of food products, namely bread, fresh and frozen pork, beef, goat, sheep meat and their offal, frozen and dried fish, chicken thighs, condensed and powdered milk, eggs, beans, potatoes, corn flour, cornmeal, wheat flour, cooking oil, among others.
