The Portuguese government announced that the proposed budget for 2025 would fulfil the objective of reducing the tax burden on families, young people and companies, according to Euractiv.
The main objectives of the budget are to “recover, reform and relaunch Portugal with responsibility,” as underlined in a document presented by the PSD/CDS-PP government to parliament on Thursday.
The government, through the instrument for implementing public policies that are the budget, continues, in 2025, the fundamental vectors that have guided its government action since 2 April 2024.
The budget proposal “extends the government’s efforts to restore the welfare state” and “reverses the trajectory of degradation” experienced over the past eight years.
The objective is clear: to provide everyone with accessible, quality public services – in education, health, mobility, security, culture, as well as re-establishing a relationship of trust between the citizen user and the Public Administration.
The government will introduce stricter criteria for migration so that newcomers have “decent conditions in which to live and work.” The budget also provides for a reduction in the tax burden.
Only increasing company productivity can allow them to pay better wages and offer better jobs. Only a more competitive economy will allow us to retain our young people, attract back the many who have emigrated in recent years and become a country of hope and future.
Finance Minister Joaquim Miranda Sarmento presented the proposed 2025 budget to the Speaker of Parliament on Thursday, the first for the PSD/CDS minority government led by Prime Minister Luís Montenegro.
