🇵🇹 Daily Portugal news for expats & investors — FREE Subscribe
Sign in Subscribe

Public Finance

IMF Article IV Mission Pushes Lisbon to Reverse the IRS Jovem and the IVA Reduzido on Restaurants — Mission Chief Jean-François Dauphin Flags €693 Million in Lost 2026 Revenue and a 4.2% Inflation Path if the Iran War Drags Into 2027

IMF Article IV Mission Pushes Lisbon to Reverse the IRS Jovem and the IVA Reduzido on Restaurants — Mission Chief Jean-François Dauphin Flags €693 Million in Lost 2026 Revenue and a 4.2% Inflation Path if the Iran War Drags Into 2027

The IMF's 2026 Article IV concluding statement — released Tuesday in Lisbon — recommends Portugal reverse the IRS Jovem and the IVA reduzido on restaurants, replace the fuel-excise cut with targeted support, and link early retirement to the statutory age.
The Portugal Brief
Portugal's Public Debt Climbs Back to 91% of GDP in Q1 2026 — BdP Adds €0.5 Billion in March to €283.2 Billion as the CFP Tells Brussels and Parliament the Government's 2% Growth Forecast Is 'Demasiado Otimista'

Portugal's Public Debt Climbs Back to 91% of GDP in Q1 2026 — BdP Adds €0.5 Billion in March to €283.2 Billion as the CFP Tells Brussels and Parliament the Government's 2% Growth Forecast Is 'Demasiado Otimista'

BdP puts Q1 2026 public debt at 91% of GDP — 1.3 points above end-2025, €283.2 billion. The CFP separately tells Bruxelas and Parliament the 2% 2026 growth forecast is biased upwards versus IMF 1.9% and BdP 1.8%, and that Portugal overshot the 2025 EU expenditure path.
The Portugal Brief