The social economy accounts for 10% of the country’s GDP and employs 2.2 million people

Government President Pedro Sánchez has announced an investment of 800 million euros for the Strategic Project for Economic Reform and Transformation (PERTE) of the social and caring economy. The Council of Ministers will approve the project next Tuesday.

Although the plan had already been announced, the amount to be allocated to this PERTE by the executive was not anticipated, which is ultimately much less than the recently announced semiconductor project (over 12,000 million), but the ship more than the construction industry. and circular economy.

According to Sánchez, investments are made with two fundamental objectives: to develop “the full potential of the social economy” (by improving competition among SMEs or promoting transition mechanisms that guarantee stability) and “advanced services in the field of care.” “To strengthen. , Similarly, the President considered it “fundamental” to include “a strategic objective to develop a state-of-the-art hub to position the Spanish social economy as a benchmark for all of Europe”.

Thus, for example, the government proposes a project that would “professionalize the work done by women in the traditional way” and allow “their role in the fight against the demographic challenge in rural areas” to be “visible”. gives.

Yolanda Díaz, the second vice-president of the government and Minister of Labor and Social Economy, in his speech referred to the ‘nickname’ shared by this PERTE and its ministry. As he explained, by naming his portfolio “we were saying there is another way to do things in a more inclusive, more humane, more supportive and very important way for the people of our country”.

Diaz also wanted to refer to the contribution of the social economy in Spain, because according to the description, it represents 10% of the country’s GDP and employs 2.2 million people. The idea is that with this percentage the contribution to GDP increases by one point.