Economic Commission of the Cabinet Council Friday analyzed a proposal that seeks to request legislative authority to change the rates of customs duties for the export of oil products.
According to the press release of the V ordinary session of the Economic Commission, the objective is to grant legislative authority to the president to change the rates of customs duties for the export of oil products.
The session approved a diploma that defines the fees and surcharges to be charged for the export of gasoline, diesel, and illuminating oil, as well as the export quotas for fuels, taking into account the subsidy they benefit and aiming to mitigate the illegal export of these products, which has a negative impact on the national economy.
Information was also provided on rules, procedures, and deadlines for the provision of information to the Petroleum Derivatives Regulatory Institute by agents, entities, and service providers operating in the oil derivatives sector in Angola.
The Economic Commission approved the balance sheet for the Execution of the National Development Plan 2018-2022 for the first quarter of 2021, whose performance corresponded to 52.4% of the expected goals.
The document describes the level of implementation of the 70 programs included in the plan, based on the monitoring of the implementation of 342 indicators that aim to achieve 165 objectives.
The session approved the II revision of the Classifying of Economic Activities in Angola, an instrument that defines the nomenclature of economic activities, with a view to grouping the statistical units that produce goods and services (with or without profit).
At the meeting, chaired by the President of the Republic, João Lourenço, the execution reports of the General State Budget (OGE) and the financial programming of the national treasury for the first quarter of this year was also approved.
Likewise, the participants were informed about the origin and destination of foreign exchange in the first quarter, regarding the improvement in the situation of external accounts as a result of a slight increase in exports of goods despite the imbalances in public accounts and the weight of the external debt were also paid.
The Economic Commission also learned of the proposal for a notice that aims to grant moratoriums on the settlement of credits in order to support clients with temporary liquidity reduction due to the Covid-19 pandemic.
