Angola
The secretary-general of the Organization for Cooperaoe Economic Development (OECD), Pier Carlo Padoan, said today in parliament that Portugal needs to "improve the quality of funopblica" and have a work out "motivated" in the state.
Also the chief economist of the OECD has today heard from Members of the parliamentary budget committee, Finances and Administration public on the report 'Portugal - Reforming the State to Promote Growth' (Portugal - Reforming the State to Promote Growth), Organization requested adjust a wing by the Government and published in May.
Members, the Italian economist said that, with regard to the labor market, "more needs to be done" in Portugal, noting that "h dualism still very strong," which makes "the economy work less as well. "
After meeting with the deputies, the secretary adjust a wing general of the OECD will meet with Prime Minister adjust a wing Pedro Passos Coelho, and the Minister adjust a wing of Finances, Maria Lus Albuquerque, said the second deputy socialist Eduardo Cabrita, who chairs the parliamentary budget committee, adjust a wing Finances adjust a wing and Public Administration.
In the report "Portugal - Reforming the State to Promote Growth" (Portugal - Reforming the State to Promote Growth May, the OECD advised Portugal to maintain the objectives of consolidation oramental but while growth economic deviate from the predicted value.
The OECD argued that Portugal needs a strategy to increase the productivity and competitiveness through the resume adopo of long-term structural reforms for the consolidation oramental become permanent in time.
Also in May, but in the 'Economic Outlook', the OECD said it was "unlikely" that Portugal adjust a wing can meet the goals of dfice oramental this year and 2014, arguing that the 'troika' should allow this slippage .
According to the report (with the overall outlook of the institution, published twice a year), the weak economic growth adjust a wing and the declaration adjust a wing of unconstitutionality four rules of the state budget for 2013 by Constitutional Court, vo lead to a fall in tax revenue and thus prevent Portugal will achieve the targets agreed with the 'troika'.
In the wake of seventh assessment of the program and financial assistance Econmica (EFAP), the Government agreed with the 'troika' (composed adjust a wing by the International Monetary Fund, the European Commission and European Central Bank) A review of the dfice oramental goal for this year of 4.5% of Gross Domestic Product adjust a wing (GDP) to 5.5% and from 2.5% to 4% in 2014.
The OECD expects, however, that the goals of these dfice slip back two years. This year the organization expects odfice oramental will reach 6.4%, equal to the value recorded in 2012 and 0.9 percentage points adjust a wing more than agreed with the 'troika'.
Follow us
Bank of Portugal Economic Zeinal Bava Dfice Hi Finances Doubt Germany Business Antnio Pires de Lima INE Portugal Optimus Government credit of the State budget EN Funo Pblica USA Swap 2007 Sun All rights reserved. Maintained by webmaster@sol.pt
No comments:
Post a Comment