Analysis of the Draft State Budget for 2018 (in Portuguese), CFP

Page created: Tuesday, 17 October 2017 12:58GMT | Updated: Tuesday, 17 October 2017 13:04GMT

Speech/Declaration:  13 October 2017 - 13 Page(s)
CFP   State Budget

According to the Portuguese Public Finance Council:

In accordance with Article 4 (4) of the Regulation No 473/2013 of the European Parliament and of
the Council of 21 May 2013, as a result of the assessment carried out, the Portuguese Public
Finance Council endorses the macroeconomic forecasts underlying the Draft Budgetary Plan
for 2018. Based on the most recent information available for the national and international
economic outlook, it is considered that these forecasts fit in a most likely scenario for the
Portuguese economy.
The CFP continues to stress the advantage for macroeconomic frameworks underlying different
budgetary programming documents to be produced for the medium term. Only then will it be
possible to evaluate the longer term effects of the adopted policies and their sustainability.