ECONOMY - Aims of the Economic Policy
|
The strengthening of entrepreneurship, the reduction of taxes, increasing employment, the strengthening of the social security system, the reduction of state spending and an increased emphasis on the role of science and new technologies in the economy are the main priorities of the Government’s economic policy.
For the key areas, where a breakthrough from the present situation is necessary, the Government will prepare a comprehensive plan with instruments for the implementation of the necessary measures.
The realisation of new economic development is possible with the maintenance of a high rate of growth of the national product. This must be the common goal of all institutions of the state as partners in the economy. The high growth rate of the Gross Domestic Product will be achieved by an increase in competitiveness and flexibility of all markets, especially the labour market.
Unemployment is a major and the most painful problem. It creates a feeling of social helplessness, economic crisis and the failure of the state. The Government will prepare a programme of measures with the end goal of a radical reduction in the number of unemployed. All measures of economic policy must be aimed at increasing the rate of growth of production in the next four years.
The Government is inheriting an enormous external debt and a balance of payments deficit. The Government sees the solution to this question primarily in an increase in production and exports and by means of tax policy measures will increase production, by economic policy measures stimulate exports, carry out the reconstruction of major Croatian firms in state ownership and increase the competitiveness of Croatian products on the world market. The Croatian Bank for Reconstruction and Development and the banking sector as a whole, in cooperation with the Government, will take a leading role. Domestic savings will be encouraged as a source of financing for new production. The Government will consider the possibility of paying off part of the external debt by exchanging it for shares in state ownership, and for more favourable long-term securities.
Faster inclusion in multi-lateral trade and economic integration will additionally encourage economic renewal and growth.
A reduction in state spending based on reforms and rationalization of the entire system of state administration will reduce the need for foreign loans. The state will issue long-term securities on the domestic market which will further encourage saving and revitalize the domestic financial market. The Government will encourage the development of the financial market, especially investment funds, which will attract savings and turn deposits into investment capital. We will modernize the promotion of attracting foreign investment. The Government, by means of special measures, will encourage the Croatian Diaspora to invest in the development of new production. |
|
Site map
Contact
Search mingorp.hr
Hrvatska verzija
