Economy Minister Denisa Sakova (Hlas) has finally unveiled the first package of measures aimed at supporting the economy, following six months of negotiations and preparation.
With the package published on Monday evening, the public had less than a day to assess the nearly 40 measures.
The package was discussed on June 1 by the tripartite council, which brought together representatives of the government, businesses, trade unions and local authorities.
Experts broadly agree that the proposed measures will have either no impact on economic growth or only a very limited one.
“Overall, the package can be summed up as: too little, too late,” said Marek Gabris, an analyst at CSOB.
He noted that the number of proposed measures had gradually fallen from around 150 to fewer than 40.
The government postponed the package’s presentation several times over recent weeks. Minister Sakova later announced that it would be divided into several parts. The first was intended to have little impact on the state budget and, apparently, little impact on the economy as well.
“Zero, absolutely zero,” was how Rastislav Machunka, president of the Association of Employers’ Associations and Federations, described its expected effect on economic growth following the tripartite meeting.
According to Sakova, the government recognises that the package’s impact on economic growth will not be significant. (The Slovak Spectator)