Recommend To The Government Measures To Stimulate Economic Growth

Original Language Title: Recomenda ao Governo medidas de estímulo ao crescimento económico

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Group Group Parliament – Palace of Saint Benedict-1249-068 Lisboa-Phone:-Fax: 21 391 7456 21 391 9233 Email: – motion for a resolution paragraph 16/XI Recommends to the Government measures to stimulate economic growth Recently were known new data on the predictions for the Portuguese economy, produced by international and national bodies. The Autumn report of the European Commission predicts a growth below the euro zone, the OECD report puts Portugal in penultimate position on the economic growth forecast in the coming years. The Bank of Portugal, despite having "revised upwards" the fall of the Portuguese economy, continues to predict timid growth for years to come. Conversely, the numbers – real and no longer mere forecasts – of unemployment shows the rawness of the difficulties. Nearly 550 000 unemployed are registered at employment centres, which represents 9.8% of the working population.

In addition, the Government is finally acknowledging, in line with the forecasts of the European Commission, which 8% is a reference number for the 2009 deficit. The CDS is sensitive to the need to consolidate public accounts, all the more so as it is now proven that the Government sought to deny: the efforts made for containment of the deficit have focused exclusively on prescription, overcharging citizens and businesses with a higher fiscal pressures in Europe. From the perspective of CDS, only stimulating the economy, helping to position itself on a growth path, it is possible to create wealth and, with it, improve the public accounts. Our priority focuses therefore on the stimuli for economic growth. We are certain that these stimuli are the various levels of State action. Of the relationship of the State with citizens and businesses, tax policy, the public investment. We understand that wealth does not belong originally to the State, but the one who creates, and who creates are, first and foremost, companies. Only with stronger and more competitive companies it is possible to have more wealth, more jobs and more tax revenue. Considering that SMEs are responsible for much of the employment in Portugal. We argue that the State should have preferably policy focused on creating conditions for these companies go beyond the difficult conjuncture, privileging actions that enable them to recover liquidity, that take as priority partners in procurement, that the place as target audience particularly relevant public banking, to take over provision of credit programmes and participation in venture capital in practical conditions. The first line of action of the State firms should be the responsibility and credibility in reciprocal relationship, whether within the framework of the provision of goods and services is under the tax relationship. The CDS features autonomously a draft law to establish the general principle of obligation to pay interest on arrears to the State and other public entities at arrears due in the payment of any pecuniary obligation regardless of your source. Visa still establish the invalidity of contractual clauses providing for excessive and unjustified periods to maturity of the pecuniary obligations, as well as clauses that exclude responsibility for lives or the limit without justification in the light of the concrete circumstances. Presents yet another draft law establishing the obligation to pay VAT 30 days, getting the State thanks to pay default interest automatically by days late and being unable to require bank guarantees to the taxpayer as a condition of reimbursement of amounts due under a certain amount. In order to streamline procedures and to avoid cross-stage, the CDS recommends to the Government through this resolution to create reciprocal compensation mechanisms of credits and debts between State and enterprises, including tax credits, social security and the provision of goods and services. In the second line, we understand that the State should not put pressure on companies with more contributions in a context of crisis, but should, to the extent possible, establish mechanisms of facilitation of liquidity. With the economic growth and employment at the top of the priorities of its priorities, understand the CDS that there are no conditions to overwhelm the firms with the entry into force of the Code Contribution 1 January 2010, which features a stand-alone Bill where predicts another year of vacatio legis. Understand the CDS that the State should refrain from demanding advance payment of taxes that very often will not be due. This is especially important in depressed situations like the present. We propose through a stand-alone Bill to reduce the rate of payment on account, which will help to keep the resources companies belonging to them and can be particularly relevant in the frames of illiquidity. A third level understand the CDS that small and medium-sized enterprises must be central concern of economic policy of the State. The State must: refocusing its investment plans, favoring closer investment, average size and fast impact on dynamization of Economics; simplify and streamline the procedures of the NSRF; redefine the Mission of the Caixa Geral de Depósitos to support privileged credit for SMEs; rethink the criteria for access to credit lines to avoid the requirement of almost impossible to meet; encouraging venture capital investment funds in Smes and developing the background for the consolidation and concentration of Portuguese companies; give preference to Smes in supplies to the State to a certain amount, aligning with Community legislation.

Accordingly, and pursuant to article 156 of the Constitution of the Portuguese Republic, the Parliament recommends the Government to: 1. create mechanisms for reciprocal compensation claims and debts between State and enterprises, including tax credits, social security and the provision of goods and services. 2. Orient their investment plans in order to favour investments of greater proximity, medium-size and fast impact on boosting the economy. Will be in this case the following investments: i) maintenance and enhancement of the heritage ii) energy efficiency and environmental promotion of public buildings iii) recovery, qualification or construction of social infrastructure, including schools and areas of support for the elderly and children, in partnership with the social sector iv) repair and safety of bridges under a national programme v) urban redevelopment and investment in social housing in partnership with the municipalities, primarily through the acquisition and restoration of brownfield real estate vi) plan confirmation of dams vii) promotion of accessibility for people with disabilities viii) renewal of courts and the construction of new penitentiary centers ix) promoting public transport system and sustainable mobility x) improving working conditions and resources of the security forces. 3. Reorient the objectives of the NSRF to support projects with a strong component exporter and simplify and streamline the procedure of nominations and the decision and payment system. 4. Reset, so formal and public, the Mission of the Caixa Geral de Depósitos to support primarily SMEs, in particular in consolidation and export processes. 5. change the criteria for access to credit lines to avoid the requirement of almost impossible to fulfill as: profit in recent years march 2, you have no debt to the IRS or Social Security, even when the State is debtor of the company. 6. Encourage venture capital and investment funds on Smes, that with such participation can bring not only capital, but also know-how, and to develop the background for the consolidation and concentration of Portuguese companies. 7. To adopt the measures necessary to condition preferably SMEs on equal terms in supplies to the State until an amount to be determined legally. 8. Delay the entry into force of the new code and the new Contributory date be fixed at Social dialogue Committee meeting never should not be before 1 January 2011.

Assembly of the Republic, 23 November 2009.