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Home NATIONALNiinistö terms public sector growth untenable
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Thu, 16 Jan, 2014 03:51:48 AM
FTimes-STT Report, January 16
 
President Sauli Niinistö addressing a seminar on future industry in Helsinki on Wednesday. Photo – Lehtikuva.
President Sauli Niinistö on Wednesday said public sector growth had reached unsustainable limits.
 
Speaking at the industrial seminar in Helsinki, Niinistö said the public sector accounted for nearly 60% of the GDP. In the president’s opinion, it is the highest in the world.
 
He said the state’s programmes to stimulate productivity have not generated the desired results even though the number of employees had been reduced.
 
“It appears that the cut down has been pointed to the level that directly serves the public,” he said proposing that cuts should not focus on the lower level alone and should be done the other way.
 
The president also criticised the position of the public sector in leading the way for wage development.
 
The seminar organised by Minister for Economic Affairs Jan Vapaavuori, discussed ways of creating more opportunities for industrial growth.
 
 
 
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