Thursday, September 25, 2014

CES warns that without growth of 2% to 2.5% there are no jobs … – Reuters

CES warns that without growth of 2% to 2.5% there are no jobs … – Reuters

                 


                         
                     

                 

 
                         

O (CES) Economic and Social Council argues that economic growth should be the priority of government for next year and that it should be expressed in Major Planning Options (GOP) to 2015 “The ESC believes that the first option should be economic growth and, based on this assumption, to list a whole set of assumptions and constraints, in which necessarily include those of a financial nature, but also a careful analysis of what can be done in terms of cost reduction context of companies, “says the draft ESC opinion on the government’s proposed GOP.

                     


                         The working paper, which the agency Lusa had access, the ESC believes that without an annual average economic growth over the next year about 2% to 2.5%, there will be no hope for the creation of productive employment, or can we meet the Budget Treaty without the existence of high levels of austerity. “

” In the text of the GOP in 2014 it was stated that it would initiate a new cycle. However, reading the draft of the GOP for 2015, it appears that will continue to exist a clear dependence of the real economy from the financial economy. General guidance for 2015 and is thus in this respect, the same that has been in place in the recent past, “the ESC.

This draft report will be discussed and approved by the Specialized Committee on Economic and Social Policy (CEPES) CES this Thursday, after receiving input from the social partners.

still working document, the Committee considers that the document of the GOP does not give a strategic direction for 2015 and fails while Government proposal, fails because “the purpose of presentation of a strategic direction for 2015 and is limited largely to describe the measures taken by the Government in the last three years.”

“Failed well as a proposal, by the Government, the political economic and social development, properly articulated with the Proposed State Budget for 2015, “says the draft.

The Committee considers that the text of the GOP shows” a difficulty synthesis in the presentation of policy measures, thus translating into a collection often disintegrated from various sectoral contributions. “

The Committee also criticizes that the GOP does not speak of the position of Portugal against the euro and recommended that it is included in the document. “The presence of Portugal in the Eurozone is surely the most determinant factor on the future of Portuguese society. CES can not accept that a subject of such size, it has had several outcrops by European leaders, including the president of the European Central Bank, which clearly indicate that this is a matter that will be discussed shortly, is totally ignored in a document that should be of strategic direction of the country, “says the ESC.

The Committee recommends that this analysis do part of the text of the document because the GOP believes that “without the knowledge of the position of Portugal on reforms to operate in the euro zone is very difficult to strategically analyze the country’s future.”

In the working document, the ESC also draws attention to the absence of reference to the policies of the State Reform, “merely stating the GOP to the restructuring measures of public administration, particularly those relating to human resource management.

O (CES) Economic and Social Council also criticized the lack of macroeconomic scenario for 2015 the proposed Broad Economic Plan and the Government considered that this gap complicates an evaluation of economic policy for 2015.

For the Economic and Social Council “these failures devalue the document and the GOP unfeasible largely the listening exercise CES quantified on the basis of the reasoning that year and the consequent contradictory by the Government.”

The CES considers that “the great options that appear in the GOP, have a hierarchy in which the command of economic and social policy focuses on fiscal discipline.”

In the working document, the ESC back to insist on need to reduce the tax burden on families, with the aim of boosting domestic demand and the domestic market. “Strengthening this recommendation wins added importance when a proposed reform of the IRS and the Green Taxation is being discussed,” he says.


                     
 
                     
                 

LikeTweet

No comments:

Post a Comment