Sunday, July 19, 2015

Steps wants increase in Portuguese exports – Daily News – Lisbon

Prime Minister Pedro Passos Coelho said today Whatever Portuguese exports exceed 50% of GDP in 2020, standing at 46% in 2017, allowing to reach levels similar to those of European countries of the same size.

“In 2009, the share of exports in the product (GDP) was only 29% in 2014 exceeded 40%, but we want to achieve by 2020 a superior goal to 50%, with 46% by the end 2017, which will put us at levels similar to those of other European countries of our size, “said the prime minister, before an audience of Portuguese and Mozambican business.

The prime minister was speaking during the session business forum opening Mozambique -. Portugal, which took place this morning at the headquarters of Caixa Geral de Depósitos, in Lisbon

“In the last four years we have shown that it is possible to regain competitiveness and without recourse to currency devaluations through a public-private effort to redirect resources and priorities, which offers us better able to sustainability of our economic growth, “continued Pedro Passos Coelho.

” For the first time in decades our balance a surplus, our budget deficit will be located this year below 3%, which will allow us for the first time since the existence of the euro exit the excessive deficit procedure, “he said.

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