🇵🇹 Portugal news, in English, every morning. Free. Subscribe
Sign in Subscribe

social-crosspost

March Budget Surplus Shrinks to €209 Million as €1.06 Billion in SNS Debt-Regularization Hits the Books — IRC Drops 25.4%, Investment Spending Climbs 53.6%, and the Headline Hides a Real Improvement

March Budget Surplus Shrinks to €209 Million as €1.06 Billion in SNS Debt-Regularization Hits the Books — IRC Drops 25.4%, Investment Spending Climbs 53.6%, and the Headline Hides a Real Improvement

Portugal's March surplus fell €1.4bn YoY to €209M as a €1.06bn SNS debt-regularization payment landed in the month. Strip the one-off and the shortfall narrows to €340M; IRC collections fell 25.4%, investment spending jumped 53.6%, social contributions climbed 7.4%.
The Portugal Brief
€60 Million for Casa Branca-Beja Electrification, €80 Million for Alentejo Farmers, a 12-Month Credit-Moratorium Rollover and Aqua SA Under Macário Correia — Inside the Beja Council of Ministers Package

€60 Million for Casa Branca-Beja Electrification, €80 Million for Alentejo Farmers, a 12-Month Credit-Moratorium Rollover and Aqua SA Under Macário Correia — Inside the Beja Council of Ministers Package

Thursday's first decentralised Council of Ministers in Beja booked €60M for Casa Branca-Beja electrification, three bi-mode trains for early 2027, €80M for Alentejo farmers, the new Aqua SA water vehicle under Macário Correia, and a twelve-month rollover of the storm-Kristin credit moratorium.
The Portugal Brief