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Portugal government targets budget surplus in 2020, irks allies

Page created: Monday, 16 April 2018 10:08 GMT

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Budget Surplus  Government targets  Portugal

In a stability program for 2018-2022 presented by Finance Minister Mario Centeno, the government expects a surplus of 0.7 percent of GDP in 2020 and 1.3 percent at the end of the program. Next year the deficit should narrow to just 0.2 percent from this year’s projected 0.7 percent.