Economy
State Budget 2027: Government warns that any opposition measure without funding could lead to a deficit
Finance Minister Joaquim Miranda Sarmento warned opposition parties that any budget amendments adopted without offsetting measures risk pushing the country into a fiscal deficit. The government currently forecasts a 2027 budget surplus of 0.1% to 0.2% of GDP and intends to maintain fiscal responsibility while continuing to monitor cost-of-living impacts.
Why it mattersAs the government negotiates the 2027 State Budget, it has signaled that any potential new cost-of-living support measures will be strictly limited by the need to maintain a budget surplus, meaning significant new subsidies are unlikely.
CNN Portugal
