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December 1, 2006

Angola must complete transition to market economy, World Bank says

Source: MacauHub

Luanda, Angola, 01 Dec - The World Bank said Thursday that Angola needed to conclude its transition to a market economy, although it recommendations were played down by the Angolan government based on the successes achieved in macroeconomic terms.

"Angola needs to conclude its transition to a complete market economy system, but that transition will demand commitment at the highest levels, as the rights achieved will have to be dismantled," said Francisco Carneira, of the World Bank's economic directorate for Angola.

Full story...

Posted by pichu at December 1, 2006 3:09 PM