The impact of Sak’s package on the economy will be “net zero”, say employers after the tripartite

Minister of Economy Denisa Sakova after half a year of negotiation and preparation, finally she showed the first package of measureswhich should be aimed at supporting the economy.

On Tuesday, the tripartite – composed of representatives of the government, companies, trade unions and municipalities – had it on the agenda.

They agree with the experts that the introduced changes will not affect the growth of the economy, or they will affect it only very slightly.

“Overall, one can say about the package: Too little, too late,” assessed ČSOB analyst Marek Gábriš. He recalled that gradually the number of measures was reduced from one hundred and fifty to the current less than forty.

The government postponed the presentation of the package for several weeks. Then the minister informed that it will be divided into several parts. The first was supposed to be without a major impact on the state budget and obviously without an impact on the country’s economy.

“Zero, pure zero,” this is the impact the negotiated package will have on economic growth, said Rastislav Machunka, president of the Association of Employers’ Unions and Associations, after the tripartite meeting.

According to Sakova, the government is aware that the impact on economic growth will not be significant.

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Even after this information was published, the government kept delaying the measures. Most recently, last week with the argument that the legislative text has not yet been prepared.

Even this waiting period did not help. A number of measures are still marked as “we are reviewing” or “analyzing”.