Angola, A Country Drowning in Unemployment

Authored By:

Jânio Ambrósio

,

August 31, 2021

New PPAI publication: Angola, a country drowning in unemployment by Jânio Ambrósio "In Angola, to tackle unemployment requires: 1. Better knowledge of reality, which is done with statistical data, ... 2. Encouraging sectors with greater capacity for absorbing workforce, such as agriculture or con- struction; 3. Strong coordination of fiscal and monetary economic policy measures, both of which currently in Angola contribute to job destruction; 4. Greater convergence of employability programs and other Government programs, with the aim of boosting job creation; 5. Structural reform of the economy with a focus on reducing administrative barriers, the cost of financing the private sector and eliminating the flaws in the definition of property rights; 6. Providing efficiency to the supply of public and semi-public goods and services to companies, such as the supply of electricity and water, contributing to the reduction of companies’ operating costs; 7. Education system aligned with the present and future needs of the private sector and the coun- try; 8. Gradual reduction of taxes, in order to stimulate the entry of new companies, both national and foreign."

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“We can no longer continue to make policies for ourselves, our countries, our region and our continent on the basis of whatever the westerners will give us. It will not work, it has not worked...Our responsibility is to charter a path which is about how we can develop our nations ourselves.”

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