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Home NATIONALStructural reforms need in-depth review: PM
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Sat, 21 Dec, 2013 04:22:42 AM
New working group takes over for intensive consideration
FTimes-STT Report, December 21
 
 
File Photo of Prime Minister Jyrki Katainen. Photo – Lehtikuva.
Prime Minister Jyrki Katainen on Friday said the economic policy decision regarding the structural reforms would be made next spring after an in-depth review.
 
Earlier, the six-party alliance government decided to bring the structural reforms to face the ongoing economic crisis through cutting expenditure and increasing tax.
 
Katainen made the remarks after a new working group of experts took over the charge of the preparation of the forthcoming adjustments to be made on the national economy.
 
The Economic Council – chaired by the prime minister – has asked the working group consisting of leading economists, research institutions, bank and representatives of Ministry of Finance to review the proposal and finalising it by February 7.
 
Headed by Martti Hetemäki, the sectretary of state, the other members of the working group are Jukka Pekkarinen, Pasi Holm, Seija Ilmakunnas, Lauri Kajanoja, Juhana Vartiainen and Vesa Vihriälä.
 
The government previously stated that it was needed to prepare new decisions by next year for achieving the goals of the restructuring package.
 
The government decided on the tax dividend, cutting expenditure in defence purchase, state administration and decreasing the responsibility of municipal corporations.
 
Terming the reform task as difficult, the prime minister on August 29 said it was also painful as 20,000 people would have to lose jobs under the expenditure cut programme.
 
The reforms, including issues like work leave, will continue together with reforms in the labour market organisation and the measures will lead to more strict terms and conditions.
 
 
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