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2.Macroeconomic Framework, Public Finance and Economic Policy


The economic part of the Manifesto of the Government is based on a combination of the consequential pro-growth economic policy with progressive search for the balance between the public interests and the interests of companies, commercial and financial corporations. In order that the economic policy of the State will create fundamental preconditions for the growth of employment, prosperity of market entities and individuals, these objectives, on the other hand, acknowledge the need to accept public interests.
The Government acknowledges that the basic relations between the economy, the social sphere and nature are regulated by the Constitution of the Slovak Republic, and they are not subordinated to the ideology of political parties. Such an attitude corresponds with the efforts of the European Union to achieve a social market economy with high competitiveness, employment, social progress and a high level of environmental protection. The Government wants to promote the European model of a mixed economy in this context. The Government proceeds with the knowledge that the balanced interplay of the market and the State is the only way to safeguard higher living standards and to foster good conditions for workers as well as employers.
 
The Government sets for itself the following programme objectives:

  1. To proceed from the programme documents of the European Union when forming the economic policy of the State. These objectives will be focused on a combination of economic growth and economic performance, featuring growth in employment, social cohesion and improvement of the quality of life for all. To create conditions for a rate of economic growth exceeding 5% of the gross domestic product annually. Parameters of the economic policy of the State have to be set so that the attained economic growth would be accompanied by the growth of average real wages.
  2. To draft the national strategy of employment development. To support self-employed people, and small and medium-size enterprises and entrepreneurs.
  3. To fulfil the criteria for the transition to the euro currency in 2009.
  4. To guarantee stability and a degree of predictability in the entrepreneurial environment inasmuch as implemented changes will be the results of the broadest possible consensus of opinions among stakeholders.
  5. To launch in a go-ahead manner processes supporting the constitutional amendment and the real shape of the market economy. By doing so, this Government will fulfil the justified efforts of the European Union to support the social market economy, which is characterised by high competitiveness, employment, social progress and a high level of environmental protection. To implement consistently Article 20, Paragraph 3 of the Constitution of the Slovak Republic, based on which ownership also entails obligations, and that also includes the ownership of natural monopolies, financial institutions and the largest market entities.
  6. To insist consequentially on the support of knowledge-oriented economy and to create a social climate, models and real possibilities for the economic assertion of the individual.
  7. To support the balance between public and private interests - especially those of an economic character.
  8. To implement an aggressive pro-export policy through suitable economic and institutional instruments.
  9. To adopt consequential measures to safeguard the harmony between international integration and globalization with the robust defence of the national and State interests.
  10. To make consistent use of all accessible sources for the efficient finalization of the basic transport, information and communication infrastructure.