Edition 1513
16 February 2019
Edition: 1513

Read this week's issue online exactly as it appears in print.

Twitter

State budget for 2019 seeks to trim deficit further

by TPN/Lusa, in News · 31-08-2018 15:26:00 · 0 Comments

A rise in pensions, tax relief for emigrants returning to the country and boosting funds for culture and science are among measures confirmed for Portugal’s state budget for 2019.

State budget for 2019 seeks to trim deficit further

Portugal’s prime minister, Antonio Costa, announced some of the measures included in the state budget for 2019 during the Socialist party’s “summer party” in Coimbra, northern Portugal, on 25 August and said “budgetary rigour” would not be at stake despite the new measures.

Portugal is aiming for 2.3 percent growth next year and a deficit of 0.2 percent of GDP, as well as reducing public debt to 118.4 percent.

Portugal’s Socialist government, which is backed by the Left Bloc and Communist party in parliament, has already reversed many austerity measures imposed by the former centre-right government under an international bailout in 2011-2014.

Comments

Be the first to comment on this article

Interactive Topics, send us your comments/opinion on this article.


Edition 1513
16 February 2019
Edition: 1513

Read this week's issue online exactly as it appears in print.

Twitter

Pub

  • Veronica Pisco Lawyer
  • Blacktower
  • Nobel International School
  • Intermarche
  • Land and Houses
  • Abacoz
  • Toldolanda
  • Linen Etc
  • R.C. Brown
  • Malo Clinic
  • Cris Piessens
  • Audiocare

Portugal in the world press

Powered by Google