Matala – The minister of State for Economic Coordination, José de Lima Massano, on Tuesday in Matala municipality, southern Huíla Province, admitted that Angola has less foreign exchange resources available, due to the fluctuations in the market of the country’s main commodity (crude oil) and commitments to external financing.
"We have fewer foreign exchange resources available, as it is known, our main source of foreign exchange revenue, with 95%, comes from oil and there is a drop, in addition to the commitments that the country has made, with recourse to external financing, we have times when we have to make debt service payments, which puts pressure on foreign exchange management", he pointed out. Speaking to journalists at the end of a six-hour visit to the municipali ... Leia mais***
