GOAL 8

Decent work and Economic growth

- Decrease poverty (38.5 percent of the population in Angola are poverty)

- Decrease Unemployment
- Improve economic growth
- Encouraging entrepreneurship

Goal 8 in Angola

As an oil producer country, oil industry is very important to Angola, because most of
income came from the revenue of oil that export to other countries.
The oil industry has experienced a major issue in decreases of oil price.

- Encourage non-oil economy

(Oil company in Cabinda province can produce more than 150,000 barrels
of oil per day. Each barrel worth about USD 50)

- Strengthen and support the small entrepreneurship

- Increase the division of labor
- Gives jobs to low skill workers
- To sustain Angolas development

Angola Oil Price Chart