Germany: 10-point plan to promote national development

SGGP September 1, 2023 06:56

The German government has approved a 10-point plan to promote national development, notably a plan to reduce taxes by 7 billion EUR/year (7.6 billion USD/year) from 2024, or to promote the early passage of a law to reduce bureaucracy to help save about 2.3 billion EUR/year (2.5 billion USD/year).

The above important plan was introduced in the context that Germany is facing the risk of economic weakness, high inflation and looming recession. The plan clearly states that fundamental modernization is the best way to make Germany stronger and more resilient economically and socially. The government also recognizes that Germany is facing a number of problems, both old and new, especially bureaucracy, slow planning and approval processes, increasing shortages of skilled labor, shortcomings in the digitalization process, energy transition, and reduced competitiveness...

Source: https://www.sggp.org.vn/duc-ke-hoach-10-diem-thuc-day-phat-trien-quoc-gia-post703915.html