Government expects private sector to counteract drop in public investment and boost GDP; economists and CIP president are skeptical
The government's 2027 State Budget proposal forecasts that total investment in Portugal will continue to grow, pushing GDP up by over 2%, despite a significant decline in public investment following the end of the PRR (Recovery and Resilience Plan). Economists and the president of the Confederation of Portuguese Industry (CIP) express skepticism, warning that private investment may not compensate for the loss, potentially leading to a decline in total investment next year.
