Sun, 07 Jul 2019 12:41 - Updated Sun, 07 Jul 2019 12:42
Bié: PAPE already in execution phase - minister Maiato
Cuito - The Action Plan for the Promotion of Employability (PAPE), valued at 21 billion Kwanzas, approved by Decree 113/19 of April this year, by the President of the Republic, João Lourenço, is now in its implementation phase, after the preparatory stage.
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The guarantee was given to the press in Cuito City, central Bié Province, by the minister of Public Administration, Labour and Social Security (MAPTSS), Jesus Maiato, during his recent visit to the province.
The official emphasized that the PAPE is now effective and aiming to create and absorb the productive sector of the economy.
To this end, he assured, at the MAPTSS level, the Credit Support Programme (PAC) was launched this July, aimed at giving more support to young people and promoting entrepreneurship, as well as distributing professional kits throughout the country.
The PAPE is financed by the State Budget (OGE) and the Petroleum Fund.
It also aims to support established and emerging entrepreneurs as well as train young people in the technical and professional fields of small business management.
PAPE is intended to contribute to the process of promoting the financial, fiscal and social inclusion of young people, as well as fostering cooperative and youth associations.
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