Key Benefits:
Draft Resolution No. 91 /XI/1.
(Stability and Growth Program for 2010-2013)
Given that the international financial and economic crisis has had a negative impact
in the public finances of the generality of the countries, ora by the track of the stabilizers
automatic, ora by the need for the implementation of measures to support the
financing of the economy and business, particularly those of small and medium
dimension, as well as to the unemployed and families;
Recognizing that the maintenance of high deficits and the worsening of the weight of the
debt have negative implications in the perception of the risk associated with financing the
countries in the situation of excessive deficit, and may involve high costs of
funding and difficulties in their flow, compromising the development of the
economic activity;
Finding that the recent experience proves that consolidation of accounts
public is also indispensable to ensure the sustainability of social policies and
of public social protection systems, as well as to ensure the ability to
response and support from the State in crisis situations;
Considering that the Stability and Growth Programme for 2010-2013 adopts
a strategy of fiscal consolidation, which is based on a macroeconomic scenario
prudent;
Taking into account the way this strategy takes on investment initiatives and
too much public policies directed at the consolidation of economic resumption and promotion
of employment, as well as the modernization of the economy and the state, with a view to
strengthen the structural conditions of competitiveness and internationalization of the
Portuguese economy;
Verifying that the frankly positive way as has been received the Program of
Stability and Growth for 2010-2013 by the generality of institutions
international indicated that the chosen strategy brings together conditions to contribute to the
enhancement of the country's international credibility and to the strengthening of confidence in the economy
portuguese;
Thus, the Assembly of the Republic, having appreciated the Stability Programme and
Growth for 2010-2013, resolves, in accordance with Article 166 (5) of the
Constitution, the following:
1-Support the constant fiscal consolidation of the Stability Programme and
Growth (PEC) for 2010-2013, assuming the need for deficit reduction for
2.8% of GDP up to 2013 and control of public debt growth, as well as of the
promotion of sustained growth of the economy and employment and strengthening of the
structural conditions of competitiveness and internationalization of the economy
Portuguese.
2-Recognizing the priority conferred on the reduction of public spending, in particular the
current expense.
3-Assuming that the public investment and public initiative effort to be carried out
should take into consideration the need to ensure the sustainability of the
fiscal consolidation and control of public and private indebtedness and contribute
for the enhancement of the productive potential of the Country, its modernization and its
competitiveness in a perspective of sustained growth.
THE DEPUTIES