The Organization for Economic Co-operation and Development (OECD) It brings together 34 of the world’s most industrialized countries, a report on the Spanish economy was published the day after the signing of the “Government Agreement”, an amendment to the full economic confidence of Vice President Calvino and the entire government. Addicted to self fame.
The report points to a weakening of our economy, with 2.5% growth expected in 2023, but a weaker 1.5% in 2024. Spain recommends increasing incomes, changing fiscal orientation and controlling public spending “towards social episodes rather than goods that increase growth, education and training”.
The report adds that extensive public spending over the past three years has not prevented us from having the highest unemployment among OECD countries; Or 26% of the population, more than 12 million people, are at risk of social exclusion, or 4.2 million people live in situations of severe deprivation.
He urges the next government to attack the economy’s structural problems: reducing public debt and the deficit; Productivity will grow by half in the countries that form this institution; A labor market that offers high rates of unemployment, temporary work and high uncertainty; And the reform warns of an aging population with consequences for inadequate pensions.
The diagnosis for young people is frightening. Integrating young people into the labor market is essential, youth unemployment is the highest in the EU, their wages are falling in real terms, they benefit less from public spending than other groups, and have less access to housing. Can leave the family. “Inequality and poverty are particularly striking among them.”
These are some of the recommendations of this international organization in a tough report in recent years that is more reliable than the government plan presented by President Sánchez and Vice President DÃaz. That is why their warnings and advice should be among the government’s priorities. And it is read and analyzed by those who buy public debt and make investment decisions in our country.
The Executive Committee and its supporting parties are still busy with investments and negotiations with independents. They engaged in this awkward and indecent negotiation because they were indifferent to the mundane matters of real importance to the lives of the Spanish people. And they made their problems worse. @mundiario
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