Paris, April 3rd (EFE) .- The president of France, François Hollande, today announced a set of measures that accelerate growth country and encourage job creation, and said the government accords priority to increased investment.
“We should have even higher goals. If we want to create jobs must be more than 1% growth . The investment is therefore a priority, “he said on a trip in the Oise department in northern France.
His announcement came a day after the Organization for Economic Cooperation and Economic Development (OECD), in its latest report on the country, foresaw an increase of 1.1% of GDP this year and 1.7% in 2016, but considers that the current outlook not allow a significant drop in unemployment rate.
The agency said on France to register a more dynamic medium-term growth requires “more ambitious” measures to reform the labor market, reduce public spending and create jobs.
Hollande said today that the government will take responsibility and advanced the implementation of an “exceptional” fiscal mechanism investment aid.
“To all the companies that decide to accelerate projects will go faster to invest, be accorded a fiscal device that will improve your cash flow and profitability of the operation, “he said in his speech.
The president also announced that insurers have created a fund 500 million to invest in the capital of enterprises, and explained that will be operational from next month.
He also revealed that loans Public Investment Banking (BPI), dedicated mainly to finance small and medium enterprises, are to increase to 8,000 million euros, compared with 1,700 million unlocked for that purpose in 2014.
These ads will be followed on Wednesday a new battery of measures presented by the Prime Minister, Manuel Valls, following a cabinet and a government seminar which will focus on growth.
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