News Column

Securities Must Reflect Country's Growth

July 25, 2014

Finance minister Armando Manuel said on Thursday that it is fundamental that securities and other financial assets be the expression of goods and services real production growth, ensuring that the attraction of internal saving can be channelled to productive applications.

According to Armando Manuel, who was speaking at the seminar on "Capital market and Derivatives", with this process it is avoided the mishandling of national savings in such a way that can create instability in the financial market.

He explained that it is in the ambit of this effort of creating business incubators, aimed at supporting firms capable of issuing trustworthy financial assets, that it was created the Viana Industrial Park, which so far comprises about 200 factories.

The seminar on "Capital market and Derivatives", which took place on 23-24 July, was jointly organised by the National Assembly (Parliament) and the Capital Market Commission.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: AllAfrica

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