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Angola guarding against international terrorism, considering austerity: president

Xinhua,January 09, 2018 Adjust font size:

LUANDA, Jan. 8 (Xinhua) -- Angolan president Joao Lourenco on Monday described international terrorism as a main threat, while prescribing austerity as a cure to the struggling economy.

The president, who was speaking during an interview by journalists in state palace, said Angola is working to prevent the country from being affected by international terrorism.

Lourenco's interview has mainly focused on his 100 days of governance marked by economic reforms and the dismissal of Isabel dos Santos, daughter of the former president Jose Eduardo dos Santos, as head of the state-run oil company.

Lourenco considered austerity as a way to reverse the country's current economic and financial crisis and to boost diversification of the national economy.

Lourenco also underlined that the country intends to privatize all the non-lucrative public enterprises.

Lourenco is the third president of Angola since independence in 1975. He was elected in the general elections of August 23, 2017. Enditem