“I think it makes more sense, it’s just my opinion, in specific moments of crisis, in certain circumstances, to suspend [a lei da atualização das pensões] and take appropriate measures,” Vieira da Silva said in an interview with Antena1 and Jornal de Negócios.
Suspending the law does not mean freezing pension increases, but rather not applying certain factors envisaged in the calculation formula, such as inflation and economic growth, the former socialist ruler explained.
Vieira da Silva also defended that the unpredictability of the current situation does not allow the government to anticipate from now on what will happen a year from now.
Regarding the agreement on income and competitiveness being discussed with the social partners, the former minister defended that it would be “extremely positive” for the country to have a consensus, but acknowledged that achieving an understanding regarding values” difficult” “.
The former minister still rejects a general cut of the IRC and defends that it only happens to companies with significant investments.
“The best examples we had of using the fiscal dimension to boost the Portuguese economy were not general declines, but investment-oriented exemptions or cuts,” said Vieira da Silva.
“Do large retail need a decline in IRC? Are you in a situation where this counts for your productivity? I have my doubts,” said the former ruler.
Source: DN
