Miranda Sarmento's Two-Year Despesa Squeeze Meets a CFP Forecast That Outruns the Government on the 2027-28 Spending Path to Brussels
The Conselho das Finanças Públicas projects 2027-28 primary current spending growth above the path Finance Minister Joaquim Miranda Sarmento committed to Brussels. The Thursday 28 May reading flags rigidity in pensions and civil-service wages and calls the 2% growth forecast overly optimistic.