The president of the Board of Directors (PCA) of the Competition Regulatory Authority (ARC), Eugénia Pereira, defended, yesterday, in Luanda, greater reflection on the best policies and strategies to make the Angolan economy more competitive and attractive to private investment.
When speaking at the presentation of the Final Report of the First Phase of Implementation of the Program for Assessment of the Competitive Profile of Public Policies in Angola, he highlighted that the reflection should improve employability rates, contribute to increasing price stability and resuming economic growth in Angola. country.
Eugénia Pereira explains that ARC launched the Competitive Impact Assessment Program for Public Policies (PAPP), in 2021, with the aim of contributing to the improvement of public policies in different sectors of economic activity.
He explained that the PAPP is a policy assessment mechanism, focused on promoting and defending competition, which has already been implemented, with visible results, in other jurisdictions around the world, and which has been promoted and recommended by leading international organizations .
Eugénia Pereira said that the aim is also to encourage public bodies to ensure compliance with competition rules in the processes of designing and applying public policies in the sectors in which they operate.
According to PCA, the idea is also to contribute to the development of pro-competitive awareness within public institutions and reiterate ARC’s willingness to cooperate with public bodies in implementing legislative and regulatory reforms.
