AKEL’s proposal to support the economy and workers in the period of the corona crisis
Statement by AKEL C.C. Spokesperson Stefanos Stefanou
AKEL C.C. Press Office, 6th April 2020, Nicosia
AKEL has elaborated a proposal to provide support towards working people and the economy during the crisis caused by the coronavirus pandemic.
The philosophy of our proposal is focused on supporting:
- First, the income of working people and households,
- Second, businesses and self-employed people so that they maintain their economic activity and that as many jobs as possible are kept.
Our proposal provides that the main pillar of support is the state.
In our proposal, we highlight a combination of specific tools so that the state can provide effective support:
- both in the period of continuing emergency measures, in order to avoid mass unemployment,
- as well as in the period that will follow so that the economy can enter the recovery phase as soon as possible and that there will be no prolonged recession.
In our proposal we also highlight the sources of finding resources and their proper utilization by the state. The main source, and not the only one, is the issuing of a government bond.
AKEL reiterates its readiness to participate in the discussion for the final formulation of the economic package to support the economy and working people.
AKEL also reiterates his willingness to continue to contribute creatively, and through the tabling of concrete proposals, in an effort to confront the coronation crisis.
