OE2027: finance minister heard in Parliament at the start of the general discussion

The Minister of Finance, Joaquim Miranda Sarmento, is presenting the 2027 State Budget proposal in Parliament, emphasizing the need for fiscal prudence amid geopolitical risks. He highlighted the importance of reducing public debt and stated that national and international economic forecasts align closely with government predictions. Sarmento also addressed the impact of fuel fraud on state revenue and outlined housing initiatives aimed at public construction and tax reductions. The budget anticipates a 2.3% economic growth this year and a balanced budget with a slight surplus in 2027. Further discussions will continue with the Minister of Labor next week.