CT’s President predicts economy growth with approval of the Sovereign Private Investment Guarantee Fund

Praia, Apr 5 (Inforpress) – The Chamber of Tourism president (CT), Gualberto do Rosário, said on Thursday that with the approval of the law creating the Sovereign Private Investment Guarantee Fund, the economy growth and a new dynamics in the financial market are expected.

Gualberto de Rosario made these remarks in a statement to the press this Thursday in the margins of the hearing with the Specialized Committee on Finance and Budget, to evaluate the proposed Law creating the Sovereign Private Investment Guarantee Fund.

As he stressed, “the proposal is extraordinary” and radically changes the financial market and the financial landscape of private sector companies in Cabo Verde, considering it is a “very powerful instrument” for the economy.

He added that “the fundamental factor of the country’s development and economic growth is the private sector, which he considers to be consensual both politically and socially, taking into account that without it, he added,” Cabo Verde will not be able to solve the economic problems it has “and most social problems, including employment and income.



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