The Socialist Party (PS) has signalled its intention to abstain on the upcoming State Budget (OE/2026) following guarantees from Prime Minister Luís Montenegro. The party's formal decision process will begin after the government submits the budget proposal this coming Friday, October 9, with internal meetings scheduled for the following week.
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The Socialist Party (PS) has decided to abstain from the vote on the 2027 State Budget, allowing the government's proposal to pass the general debate. The PS leader announced that the party will now seek to introduce amendments during the 'specialty' stage of the legislative process, focusing on cost of living and housing measures, while monitoring the government's adherence to commitments made to the PS.
The government has defended its 2027 State Budget proposal for parishes, despite a planned protest by the National Association of Parishes (Anafre). Anafre has threatened to close all parish services on 4 November if their demands—including an increase in state funding from 2.5% to 3.5%, full-time status for parish presidents, and property acquisition rights—are not met during the parliamentary specialty debate.
The Socialist Party (PS) intends to propose measures to limit tax revenue increases on fuel by capping the maximum tax adjustment allowed under the Special Consumption Tax Code. They are also renewing their previous proposals for temporary zero-VAT on a basket of essential food products and equivalent ISP (fuel tax) reductions during the upcoming committee-stage budget debate.