Economic Growth and Diversification Initiatives slide image

Economic Growth and Diversification Initiatives

GOVERNO DE ANGOLA Ministério da indústria e Comércio mindcom.gov.ao PROGRAMS AND PUBLIC POLICIES FOR ECONOMIC GROWTH AND DIVERSIFICATION A Credit Support Project (PAC) was established with the primary objective of facilitating access to financing for private investment projects implemented in the productive sectors and clusters defined within the scope of PRODESI. -The PAC applies to investment projects that contribute, directly or indirectly, to the internal production of 54 goods previously identified in PRODESI. The beneficiary entities of the PAC are the following: ■ Microenterprises33 and family cooperatives; ■ Cooperative companies that are in their first year of activity, or that are already in been in operation for over a year. There are two types of financing: ■ Subsidy for micro-enterprises, through resources from the General State Budget; ■ Commercial credit, through financing to companies with resources from financial institutions.
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