The government today estimated, without new measures, a budget surplus of 0.3% of GDP this year, slightly above the 0.2% registered in the State Budget, but below the 0.8% projected in the electoral program of the Democratic Alliance (AD).
The forecast is included in the Stability Program (SP) for the 2024-2028 period, which the executive led by Luís Montenegro sent to parliament today and which will be sent to the European Commission by the end of the month.
The Stability Program is based on a no-policy-change scenario and therefore does not yet take into account the impact of new policy measures, such as the announced reduction in personal income tax.
The Ministry of Finance forecasts a budget surplus of 0.3% of Gross Domestic Product (GDP) this year and in 2025, followed by 0.1% in 2026, 0.6% in 2027 and 0.4% in 2028.
