{"id":225957,"date":"2026-01-10T01:23:13","date_gmt":"2026-01-10T01:23:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/225957\/"},"modified":"2026-01-10T01:23:13","modified_gmt":"2026-01-10T01:23:13","slug":"portugal-may-record-a-budget-surplus","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/225957\/","title":{"rendered":"Portugal may record a budget surplus"},"content":{"rendered":"<p>In response to the CDS-PP during the fortnightly debate in the Assembly of the Republic, Lu\u00eds Montenegro also announced that the Government estimates public debt to be \u201caround 90%\u201d of GDP, down from last year.<\/p>\n<p>These estimates for 2025 were shared by the Prime Minister at the end of the fortnightly debate, after the parliamentary leader of the CDS-PP, Paulo N\u00fancio, asked him if he \u201ccould give the chamber some final definitive figures\u201d on growth, budget balance and debt.<\/p>\n<p>In his response to the CDS-PP, the Prime Minister pointed out that only \u201caround March\u201d will there be \u201cmore reliable figures\u201d for 2025, but said that all the data points to \u201ceconomic growth of around 2%, give or take a little, around 2%\u201d.<\/p>\n<p>Lu\u00eds Montenegro commented that many \u201cdoubted that this growth rate was possible\u201d, complaining about \u201chalf a year of great pessimism surrounding the Government &#8211; not within the Government, but around it\u201d.<\/p>\n<p>\u201cWhat I can tell you, therefore, is this: economic growth of around 2%, a budget result that will be no worse than our estimate of 0.3% &#8211; that is our forecast, we will see if we will surprise our country again, or not &#8211; and public debt at around 90% of our GDP, perhaps a little above, but at the threshold of 90%,&#8221; he said. <\/p>\n<p>The Prime Minister argued that these \u201cthree results\u201d combined provide Portugal with predictability, stability, and confidence, which is a positive sign for domestic and foreign investors and will allow us to pay higher salaries, thereby helping safeguard the welfare state.<\/p>\n<p>Also, in response to the parliamentary leader of the CDS-PP, who questioned him about the \u201cnew return law\u201d, Lu\u00eds Montenegro reported that the Government had received \u201caround 120 submissions\u201d in relation to the proposal put up for public discussion.<\/p>\n<p>\u201cWe will now analyse them, and in the coming weeks we will refer them to parliament for a final decision on a new return law that aims to be more agile, more efficient, with more appropriate deadlines, in order to be effective. Because there can only be a real immigration policy if there are consequences for those who fail to comply with that policy,\u201d he added.<\/p>\n<p>Paulo N\u00fancio defended an immigration policy with \u201crigour on entry, humanism on integration\u201d and criticised the fact that, under the current law, Portugal is \u201cone of the countries in Europe that returns the fewest illegal immigrants to their countries of origin: less than 5%\u201d.<\/p>\n<p>On the economic and financial front, the parliamentary leader of the CDS-PP considered that \u201cthe year 2025 went well for Portugal and went well for the Portuguese\u201d, exceeding the expectations of the opposition and also the \u201cprojections of some institutions such as the Bank of Portugal, at least at the time when M\u00e1rio Centeno was in charge\u201d. <\/p>\n<p>\u201cThe economy grew well above the European average. It is growing above most of the cohesion countries with which we have to compare ourselves. Investment grew, both public and private. And incomes continued to grow, both in pensions and wages, well above what was happening during the socialist government,\u201d he praised.<\/p>\n","protected":false},"excerpt":{"rendered":"In response to the CDS-PP during the fortnightly debate in the Assembly of the Republic, Lu\u00eds Montenegro also&hellip;\n","protected":false},"author":2,"featured_media":222615,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-225957","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/225957","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=225957"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/225957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/222615"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=225957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=225957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=225957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}