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WB official urges reform to speed up Angolan economic growth
Release time:2018-03-23
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An official of the World Bank has said reform of the financial sector in Angola could accelerate growth in growth gross domestic product, Angop reports.

The Angolan state-run news agency quotes the official, Albert Zeufack, as saying reform could improve the business environment and help the private sector develop.

Mr Zeufack said this could create employment for young Angolans, improve education and promote social equality – all important for boosting economic growth.

The official thinks priority should be given to making public-sector finances and banking practices more open to scrutiny, Angop says.