Sweeping Changes in Angola’s Sovereign Fund and Government Administration
The President of the Republic of Angola, João Lourenço, has concluded the term of the members of the Board of Directors of the Sovereign Fund of Angola. This move is described as being for service convenience, without providing additional details about the specific reasons or implications of this decision. The Sovereign Fund is a significant entity in managing the country’s financial resources, and changes in its administration could have a substantial impact on Angola’s economic governance and investments.
Significant Changes in Angola’s Administration
João Lourenço announced significant changes to the Board of Directors of the Sovereign Fund of Angola, which led to the termination of some members and appointments of new ones. These changes aim to align the Sovereign Fund of Angola with ongoing strategies and priorities, reflecting an executive decision to ensure effective management aligned with national objectives.
Victor Hugo Guilherme appointed Minister of Economy and Planning
The President of Angola announced important changes in his government, dismissing the Minister of Economy and Planning, Mário Caetano João, and appointing Víctor Hugo Guilherme as his replacement. Guilherme’s appointment is seen as a significant step to strengthen the country’s economic policies and tackle challenges such as economic diversification, improving the business environment, and increasing productivity.
Angola’s Participation in Global Refugee Forum
Angola is represented at the 2nd Global Forum on Refugees, a highly relevant event, with a multisectoral delegation led by the Minister of the Interior, Eugénio Laborinho. The delegation includes prominent figures and representatives from various ministries. The Minister of the Interior will present the progress achieved with the implementation of commitments taken since the first forum held in 2019. The event aims to provide a global space to review and advance on issues related to refugees, and Angola is committed to sharing its experiences and contributing to global solutions.
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