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Productivity growth has slowed in all developed economies in recent decades. Better integration of the research and innovation ecosystem and better governance are a prerequisite for raising productivity. Building on and strengthening cooperation between the scientific and economic spheres is also of paramount importance. Under the Recovery and Resilience Plan, we will contribute to boosting productivity growth by stimulating innovation and investment in new technologies and business models in the areas of green and digital transition.

Particular emphasis will be placed on the tourism sector, which is one of the more affected sectors due to the COVID-19 epidemic. We also want to contribute to raising productivity by taking measures in the labour market, where we are introducing changes by which we will respond to the demographic challenges, the impact of the pandemic and the employment of specific target groups, in particular persons with disabilities and young people. The Recovery and Resilience Plan also includes measures to strengthen and develop human resources, an enabling business environment, effective competition policies, and a fair, transparent and efficient system of subsidies and taxation.