The Prime Minister said today that Portugal is “on its way to the fourth consecutive surplus” and argued that balanced public accounts “are the best guarantee” for medium and long term sustainability.
© Horacio Villalobos#Corbis/Getty Images
17/09/2026
by
Lusa
Ltuis Montenegro took part today in the opening of the European conference on the German economy (promoted by the Chamber of Commerce and Industry Luso-German) in Lisbon, where the Minister of Economics and Territorial Cohesion, Manuel Castro Almeida, was also present.
“ We are on our way to our fourth consecutive surplus”, said the Prime Minister, one week after the Minister of Finance has ensured that the goal will be to have at the end of the year at least a zero budget balance.
In response to a hearing of about 250 participants, Montenegro stressed that, shortly after this conference, it will preside over the Council of Ministers which will approve “the fifth descent of the IRS”, already announced last week.
“This is the fifth time in 2.5 years that we have lowered labour income taxes, particularly in the middle class”, he said.