Business Quote by Joao Lourenco
“We expect to adopt tax incentives for businesses that invest in the country.”
About This Quote
Source Speech: Economic Policy Forum, 2023
Tax incentives aim to encourage domestic investment, boosting national growth.
In simple terms: Use tax breaks to spur local business investment.
Key Takeaway
Offer tax benefits to attract investors.
Themes
economics
investment
policy
growth
Mood
analytical
strategic
Type
policy
economic
When to use this quote
- government budgeting
- business planning
- regional development
Key Concepts
tax incentives
foreign direct investment
public finance
Questions to Reflect On
- What industries would benefit most from tax incentives?
- How to ensure incentives don’t reduce public revenue?
A Different Perspective
May create market distortions or fiscal strain.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)
