Steer by the stars

There shouldn’t be any doubt about the need to strongly curb public spending in Portugal. It is utterly needed! And, in the process, to reduce the role of the public sector in the economy. That is of uttermost importance – but is only half of the task.

Portugal is in a transition period – in 2 years, our economy will be different. But the fact is that we have limited understanding of how that difference will look like, what that difference will actually mean. We only know we will reduce total State expenditure – but is that enough? No!

Portugal lacks a strategy for growth! We have no idea how we should and will grow – and by doing so, we have limited control of our future. Portugal should be using this transition period to actually understand its weaknesses and competitive advantages, to set forth a strategy for growth. And then to actually lay down the tactics and actions to implement that strategy. It is the only way to have a clear direction, to make the right choices, to have a guide to direct our investments and efforts. It is the only way to ensure future sustainable growth! That we utterly need as well!

“It is time we steer by the stars and not the lights of each passing ship” – General Bradley