Minister promises to regularise petrol card situation

Newly appointed Minister of State for Economic Coordination José de Lima Massano promised Friday to work hard to ensure the delivery of gasoline cards to subsidise the current price of 300 kwanzas per litre.

The official made the pledge after he was sworn in by the President of Republic João Lourenço.

He pledged to work with the financial system to ensure that the fuel cards reach the officially licensed taxi and motorbike taxi operators.

“We will do our best so that the benefit that has been set can effectively benefit the citizens,” said the Minister.

He also said working on better handling the economic reforms underway in the country to a “good conclusion” will also depend on the support of the entire business community, the other economic agents and citizens.

Massano said the government has set of responsibilities to ensure that the inflation targets are fulfilled.

“We have the Central Bank with the primary responsibility. But there is still a set of deficiencies of a structural nature that are of the Government’s responsibility,” he stressed.

He also stressed the Government role to effectively, in view of scant resources, to ensure the price stability and thus create conditions to preserve income and protect the people’s living quality.

Profile of the new Minister of State for Economic Coordination.

José de Lima Massano was governor of the National Bank of Angola (BNA) between October 2010 and January 2015. He was previously chairman of the Executive Committee of the African Investment Bank (BAI).

José Massano holds a Master’s Degree in Management and Auditing from the City University of London and a Degree in Economics from the University of Salford, Manchester, England

Source: Angola Press News Agency (APNA)