The Secretary of State for Finance and Treasury, Ottoniel dos Santos, reaffirmed Angola’s economic outlook, predicting a 2.84% growth in Gross Domestic Product (GDP) for the current year.
He emphasized the robust performance expected from the non-oil sector, projected at 5.32%, during an address in Luanda at the inaugural Annual Conference “Investor’s Day” organized by BFA Gestão de Activos.
Dos Santos underscored that the growth in GDP, driven by sectors such as agriculture, fishing, manufacturing, construction, energy, and services, would stimulate employment and enhance food security.
He called upon all Angolans to actively contribute to stabilizing and promoting the national economy amidst a challenging global economic environment.
Highlighting the need for innovative financing solutions from both local and foreign investors, Dos Santos expressed optimism that the Investor’s Day event would attract capital market investments, thereby boosting production and overall economic growth in Angola.
Angola’s GDP is estimated to exceed $106 billion, with a per capita income set at $3,500.
