It is the worst-kept secret in public accounts. For the second consecutive year, last year's budget surplus is expected to exceed the Government's target of 0.3% of Gross Domestic Product (GDP), settling between 0.5% and 1%, defying initial pessimistic forecasts. This was aided by the performance of tax and social security revenue, due to...
A new 'stellar performance' is coming for the 2025 surplus. No one doubts anymore that the balance will exceed the target
Wednesday, 25 March 2026RSS
Context & Explainers
Joaquim Miranda Sarmento is Portugal’s Finance Minister who gave a hearing before the Budget, Finance and Public Administration Committee about fiscal measures affecting housing. His remarks matter to expats because finance ministry decisions — like exemptions and public guarantees for young homebuyers — influence the property market, taxes and programmes that can affect housing affordability.
The Instituto Nacional de Estatística (INE) is Portugal's official statistics office that publishes data on prices, employment, population and housing. Journalists, policymakers and buyers use INE's monthly consumer price index and housing statistics to track trends like rising property prices and regional shifts mentioned in recent coverage.
AI Summary AvailableWith the surplus lost, the Government still has room to reach a deficit of 0.5%Read the synthesized summary with context and explainers
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Other news coverage of this topic
- With the surplus lost, the Government still has room to reach a deficit of 0.5%6:08am, 25 Mar 2026 • Público
- 2025 surplus 'will be a good surprise and good news for the country' says Finance Minister10:34pm, 24 Mar 2026 • RTP Notícias
- 2025 surplus 'will be a good surprise and good news for the country' says Finance Minister10:34pm, 24 Mar 2026 • RTP Notícias
- 2025 surplus 'will be a pleasant surprise and good news for the country', anticipates Finance Minister10:34pm, 24 Mar 2026 • Correio da Manhã
- 2025 surplus 'will be a pleasant surprise and good news for the country', says Miranda Sarmento10:10pm, 24 Mar 2026 • CNN Portugal
- 2025 surplus 'will be a pleasant surprise and good news'9:49pm, 24 Mar 2026 • Observador
- Finance Minister guarantees that the 2025 surplus "will be a pleasant surprise and good news for the country"9:41pm, 24 Mar 2026 • Diário de Notícias
- 2025 surplus 'will be a pleasant surprise and good news for the country', says Miranda Sarmento9:28pm, 24 Mar 2026 • ECO
