Centeno defends advances in controlled policies to ensure stability – publico

 
         

                 

                         
                     

                 

 
 

The Finance Minister Mario Centeno, defended on Monday the need to “move forward in a controlled manner” in public policy to “ensure stability” and mitigate the risks to the Portuguese economy, as international uncertainty or “political uncertainty”.

“the macroeconomic scenarios, by their nature contain risks. starting with the uncertainty that hovers in the world economy. Whether by downturns, recessions or vulnerabilities in some economies either for reasons of political uncertainty:. all this can prove to be harmful to the Portuguese growth, “said Mario Centeno, a conference organized by the UGT held today in Lisbon

in this sense, the finance minister defended that “public policies must transmit the necessary stability in order to create the recovery expectations” economic, noting that the economic growth target this year (1.8%) is based on external demand, which depends on the resumption of investment.

“Everyone will understand the need to move in a controlled manner, ensuring stability, with the sense put on our objectives”, registered in the Government, national reform and stability programs, said the official. In this sense, Mario Centeno made a promise on behalf of the government: “We will make every effort to undertake the necessary reforms to develop the Portuguese economy and reduce these risks.” “Portugal must never lose sight of their own economic and financial stability objectives,” he said.

During the speech, the minister listed the different risks to the economy Portuguese: the crisis in partners such as Angola and Brazil, but also the slowdown in Europe or the “reduction of the workforce”, which checks “for many semesters’

” economy. increasingly global, “also found, requires more competitiveness and that are” forms of competitiveness that are not centered on the wage factor, “he argued.

the Finance Minister also took the opportunity to highlight the numbers of execution budget until April, released last Wednesday, stressing the improvement of tax revenues and social contributions and public expenditure “well below what is expected for the whole year.”

Mario Centeno was speaking after of the secretary general of the UGT, Carlos Silva, have urged the minister to “reassure the workers and the country.”

“We must give peace, because without peace there is no governmental stability, and there is no stability in negotiation. Without stability there is no social peace, “said Carlos Silva.