The PCP parliamentary leader criticized the 2027 State Budget proposal, alleging a 30% reduction in public investment that goes beyond the end of PRR funding. The party confirmed it will vote against the budget, while criticizing the PS for its intention to abstain and effectively enable the policy.
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State expenditure on public housing is projected to decrease to 0.3% of GDP in 2027, following a decline from the current year's levels which were bolstered by the Recovery and Resilience Plan (PRR).
The President of the Confederation of Portuguese Business (CIP) has criticized the Government, arguing that with the conclusion of the Recovery and Resilience Plan (PRR), it is abdicating its role as a key investment partner and shifting the burden of economic growth entirely onto private entities.
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.