Seguro promulgates Transport Fund with warning on adequate municipal financing

Wednesday, 18 March 2026RSS
Seguro promulgates Transport Fund with warning on adequate municipal financing

President António José Seguro has promulgated three government decrees, including the regulation of the Mobility and Transport Fund (FMT), while stressing the need for adequate funding for municipalities. The President highlighted that the transfer of responsibilities to municipalities and inter-municipal communities must be accompanied by sufficient financial resources to ensure financial neutrality and prevent territorial inequalities. Additionally, Seguro approved measures regarding the administration of the Setúbal and Sesimbra port authority and a new regime for foreign higher education institutions operating in Portugal.

Context & Explainers

António José Seguro
  • The President of Portugal (From March 9 2026)
  • Party: Independent. Former leader of Socialist Party (PS) Partido Socialista
  • Center left

Background:

António José Martins Seguro (born March 11, 1962, in Penamacor) is a lawyer, political scientist, and Socialist Party politician running for president in Portugal's January 18, 2026 election. He led Socialist Youth (1990-1994), served as MEP (1999-2001), was Minister Adjunct to PM António Guterres (2001-2002), and led the PS parliamentary group (2004-2005). Elected PS Secretary-General in 2011 with 68%, he led the opposition during Portugal's bailout era. In 2014, António Costa defeated him in party primaries by a landslide, prompting Seguro's resignation and decade-long retreat from politics. He returned in 2025, launching the movement UPortugal and announcing his presidential candidacy in June. He received official PS backing in October 2025. ​ Political Philosophy:

Seguro positions himself as representing a "modern and moderate" left, offering a progressive alternative to conservative candidates. He advocates for "financial responsibility but critical of austerity," attempting to reposition the PS at center-left. His campaign emphasizes institutional trust, efficient governance, and hope for a better future.

The Mobility and Transport Fund (Fundo de Mobilidade e Transportes) is a government financial mechanism that supports public transport and sustainable mobility projects. It provides funding to municipalities to help maintain local transport networks and infrastructure. Residents should note that this fund is essential for keeping local bus and train services operational and affordable.

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