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This profile was automatically generated using 8 references found on the Internet. This information has not been verified. Learn more...
This profile was automatically generated using 8 references found on the Internet. This information has not been verified. Learn more...
View all 8 references Web References
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1. Integrated Framework: IF Countries: Angola
www.integratedframework.org/co - [Cached]Published on: 9/24/2007 Last Visited: 11/12/2007
M. Michel Botomazava
Aide Mémoire -
2. Business Section - AfricaNewsAnalysis.com
www.africanewsanalysis.com/bus - [Cached]Published on: 10/23/2006 Last Visited: 7/18/2007
UNDP's senior economist in Angola, Michel Botomazava, said factors contributing to the disparity of wealth were the capital-intensive nature of the oil sector, and other sectors of the economy had collapsed during three decades of civil war. "There are very few people working in the [oil] sector. This is the main reason why inequalities are widening, as oil revenues benefit only very few groups."
The government has implemented a poverty reduction strategy since the advent of peace in 2002, although "there is a feeling that government is wasting money on white elephants", such as a new international airport, which were not seen as contributing to the goals of the declaration, "but maybe government has a new strategy," Botomazava said.
"A big chunk [about 70 percent] of the [national] budget is for 'special use', and no one really knows what it is used for," he said. Little of the country's oil wealth is reflected in the daily lives of its people.
Angola is perceived by the global corruption watchdog, Transparency International, as the 151st most corrupt country on a list of 158 countries. -
3. IRIN Africa | Southern Africa | ANGOLA | ANGOLA: Poor marks for progress on MDG | Democracy | Breaking News
www.irinnews.org/report.asp?Re - [Cached]Published on: 10/24/2006 Last Visited: 10/24/2006
UNDP's senior economist in Angola, Michel Botomazava, said factors contributing to the disparity of wealth were the capital-intensive nature of the oil sector, and other sectors of the economy had collapsed during three decades of civil war. "There are very few people working in the [oil] sector. This is the main reason why inequalities are widening, as oil revenues benefit only very few groups."
The government has implemented a poverty reduction strategy since the advent of peace in 2002, although "there is a feeling that government is wasting money on white elephants", such as a new international airport, which were not seen as contributing to the goals of the declaration, "but maybe government has a new strategy," Botomazava said.
"A big chunk [about 70 percent] of the [national] budget is for 'special use', and no one really knows what it is used for," he said. Little of the country's oil wealth is reflected in the daily lives of its people.
Angola is perceived by the global corruption watchdog, Transparency International, as the 151st most corrupt country on a list of 158 countries.

