Lusa - Business News - Portugal: Communist party announces rejection of stability programme

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Lusa - Business News - Portugal: Communist party announces rejection of stability programme

Lisbon, April.16,2024(Lusa)- The Portuguese Communist Party (PCP) will present a draft resolution to propose the rejection of the Stability Programme that was announced on Monday, Communist Secretary General Paulo Raimundo announced on Tuesday.
"Faced with the options and measures that the current PSD/CDS government will take, which will only aggravate national problems and external subordination, the PCP will present a draft resolution calling for a vote on the perspective on which the stability programme presented by the government is based, proposing its rejection and affirming the possible and necessary alternative policy," announced Paulo Raimundo at the press conference to present the conclusions of the PCP Central Committee.
In the PCP leader's view, "the motion of rejection that the PCP presented to the Government Programme was fair, timely and clarifying" in that it "either rejected it or was imprisoned by it".
"There's no point in talking about it being a merely formal act to allow the government to take office," he said.
Asked about the Socialiat Party's justifications for making that document viable, the Communist leader said that there are "always justifications for each moment depending on the moment".
"There's no point in deluding ourselves. In the same way that the PS justifies it in this way, those who voted for the PSD can say the opposite: that we came into office with a programme discussed for two days in parliament," he stressed.
According to Paulo Raimundo, "everyone made their own choices".
"The PCP's choice was and is clear: to fight the government, its programme and the right-wing project without hesitation. A position that is expressed in the face of submission to the impositions of the European Union and the Euro, as confirmed by the Stability Programme submitted to parliament, impositions that constitute obstacles and de facto prevent public investment and the country's economic development," he criticised.
Responding that he was unaware of the content of the draft resolutions announced by other parties on the Stability Programme, Paulo Raimundo said that what the government has presented is the previous document, "more hammering, less hammering" and therefore there is "no great novelty".
The government has maintained the growth of the Portuguese economy at 1.5% this year, in line with what was projected in the State Budget for 2024 and a tenth lower than the Democratic Alliance's (AD) macroeconomic forecasts in the electoral programme. The government also predicts, without new measures, a budget surplus of 0.3% of GDP this year, slightly above the 0.2% included in the budget but below the 0.8% projected in the Democratic Alliance's (AD) electoral programme.
In the Stability Programme (SP) for the period between 2024 and 2028, submitted by the government to parliament on Monday, the government estimated a budget surplus, without new measures, of 0.3% of GDP this year, thus having a budget margin of around €800 million for new proposals without jeopardising the balance of accounts.
This scenario is based on invariant policies, i.e. it only takes into account measures legislated or planned by the previous government.
JF/ADB // ADB.
Lusa

Agency : LUSA
Date : 2024-04-17 10:56:00

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