Entrepreneurs Consider Tax Reduction Fastest Way to Propel Economy
OREANDA-NEWS. April 22, 2009. Most Latvian entrepreneurs acknowledge that the fastest and the most effective way for the government to propel the economy of Latvia is the decrease of taxes (opinion of 43% entrepreneurs) followed by the next most frequently mentioned method - state support to entrepreneurs to keep the workplaces (28%), according to the results of Parex index research conducted in March 2009, reported the press-centre of Parex.
Comparatively smaller numbers of entrepreneurs recognize other methods as being the most suitable for the propelling the economy: 11% of the respondents consider the export facilitation as the most effective state support; furthermore, the same proportion believe that the most effective method could be the state guaranteed loans to entrepreneurs, but 3% of entrepreneurs are convinced that the fastest and the most effective way to stimulate the economy of Latvia is to carry out some other activities.
The results of Parex index research indicate that the entrepreneurs consider the sectors of agriculture and forestry (56%) and industry (52%) as the priority sectors to receive the state support.
Comparatively seldom entrepreneurs consider that the uppermost support must be granted to such sectors as health and social care (32%), education (25%), construction (19%), transport and logistics (15%), tourism, hotels and restaurants (13%). Very rarely entrepreneurs indicate that the state support primarily should go to such sectors as different professional and technical services (consultations, designing&planning, IT services, etc.), trade, finance, printing and publishing sectors.
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