The Minister of Economy and Territorial Cohesion, Castro Almeida, stated that Portugal will continue to be a net beneficiary of the EU in 2027. The country is expected to receive 6.6 billion euros in funds while contributing 3.5 billion euros, resulting in a net benefit of 3.1 billion euros.
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The government has spent 3.03 billion euros from the Recovery and Resilience Plan (PTRR) on storm damage recovery from early 2026. The 2027 State Budget proposal allocates an additional 970 million euros for next year, while also increasing direct transfers to municipalities by 6% and to parishes by 8.2%.
The Public Finance Council suggests that the special IRS withholding tax tables (tabelas de retenção na fonte) implemented throughout 2026 may result in a larger-than-expected impact on the state's budget, potentially affecting how much tax individuals have already paid versus what is owed.
The Minister of the Economy stated that Portugal does not have excessive tourism, though acknowledging it may occur in specific areas and periods. He argued that increasing the sector's value—rather than just the number of overnight stays—is essential to improving low wages in the industry, and noted that the final vote on the 2027 State Budget is scheduled for 24 November.