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Resolution of the Council of Ministers No. 41/2020 approving the Economic and Social Stabilization Programme.

Country/Territory
Portugal
Document type
Regulation
Date
2020
Source
FAO, FAOLEX
Original source
Diário da República, 1 Series, No. 110-A, 6 June 2020.
Subject
General
Keyword
Financing Economic/social/cultural rights Hazards Agricultural development Financial agricultural measures Human rights
Geographical area
Europe, Europe and Central Asia, European Union Countries, North Atlantic, North-East Atlantic, Southern Europe
Entry into force notes
This Resolution enters into force on the day after its publication.
Abstract

The pandemic caused by the SARS-CoV-2 virus, in addition to being a serious public health emergency caused several socio-economic consequences, which have also motivated the adoption of a wide range of exceptional measures. These measures must be structured in three distinct phases: 1. An emergency phase, centered on the health response, but also aimed at supporting companies and workers in a moment of paralysis of their activity, thus avoiding the irreversible destruction of jobs and productive capacity; 2. A stabilization phase, which will run until the end of this year, to help families and businesses to overcome the difficulties caused by the pandemic, supporting a sustained recovery in economic activity; and, finally, 3. A economic recovery phase, aimed at the structural adaptation of the Portuguese economy to a post-COVID reality. Once the most critical phase of the emergency is over, a framework of interventions must be defined, guaranteeing a progressive stabilization in the economic and social plans, without neglecting the health aspect. In fact, if at first the objective was to control the pandemic without killing the economy, it is now important to resume the economy keeping the control over the pandemic.

Full text
Portuguese
Website
dre.pt