Finance Minister says that the housing problem "takes time" to resolve
The Minister of Finance, Joaquim Miranda Sarmento, stated that the housing crisis is a long-term issue, despite the government's efforts. He highlighted measures such as the construction of 26,000 homes under the Recovery and Resilience Plan and tax reductions to stimulate housing availability. Additionally, he mentioned plans to discuss the reduction of corporate tax surcharges starting in 2028, emphasizing the importance of lowering the tax burden for economic competitiveness. The general corporate tax rate is set to decrease from 19% to 17% by 2028.