The International Labour Organization (ILO) and the United Nations Development Programme in Angola (UNDP) held on 17 March 2022 in Luanda a round table discussion promoting social dialogue on Financial Inclusion in the Informal Economy. More than 80 delegates attended the event.

The theme is central in Angola, a country with a high incidence of informal economy. Informality has multiple causes — including structural and governance issues — and public policies can accelerate the transition to the formal economy in a context of social dialogue. 

The event was part of a series of dialogues started in 2021 to address various issues related to the formalisation of the informal economy following the guiding principles of ILO’s Recommendation 204. The events are in line with the implementation of Angola’s Programme for the Reconversion of the Informal Economy (PREI). 

The roundtable brought together participants from different institutions, including the Ministry of Economics and Planning, the National Bank of Angola (BNA), the European Union, the National Social Security Institute, as well as informal economy business and trade union associations and development partners. 

The event programme included presentations on the prospects of financial inclusion in Angola by the BNA, and a round table with different experts to address issues related to digital financial inclusion in Angola, with particular attention to workers in the informal economy.