The newly appointed governor of the Central Bank of Angola (BNA) Manuel António Tiago Dias on Monday in Luanda promised to work on the implementation of monetary policy measures aimed to ensure the stability of prices and the national currency, Kwanzas.
Speaking to the press after the swearing in ceremony, the new BNA governor also pledged to work on the appreciation of the Kwanzas, a task he described as tough.
“It is not an easy task (…), we count on everyone’s support. We are counting on the help of the commercial banks to play their role,” said the BNA governor, adding that the commercial banks should help boost the Angolan economy.
He said that the stability of prices and of the national currency depended on national production.
BNA´s governor said that, the greater the diversification of the economy, particularly export revenues, the greater the stability of prices will be.
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Manuel António Tiago Dias was appointed by the President João Lourenço as governor of the BNA, taking over from José de Lima Massano who, at his own request, recently left his post.
He holds a master’s degree in Economic Sciences from the University of Bordeaux in France.
He joined the BNA in 1997, where he held various positions until his appointment, in 2016, as deputy governor.
He also held positions of director of the Statistics Department, deputy director of the Studies and Statistics Department and head of the Studies and Statistics Division
Source: Angola Press News Agency (APNA)