SQUAWK/NEWS
Account
Theme
Account
Menu
Live News REGULATION ARTICLE M impact

Portugal to Maintain Budget Surpluses Amid Economic Growth

Portugal's Finance Minister Joaquim Miranda Sarmento stated that maintaining small budget surpluses is a key fiscal priority as long as the economy expands and unemployment remains low. This statement was made ahead of the upcoming presentation of the draft 2027 budget.

Portugal plans to keep posting small budget surpluses while the economy continues to grow and unemployment stays near record lows, Finance Minister Joaquim Miranda Sarmento said on Wednesday. He made the comments ahead of next week's presentation of the draft 2027 budget.