Public Finance Council forecasts slight budget surplus for 2026

Wednesday, 15 April 2026AI summary
Public Finance Council forecasts slight budget surplus for 2026
Photo: RTP Notícias

The Public Finance Council (Conselho das Finanças Públicas or CFP) has revised its 2026 economic outlook, now projecting a slight budget surplus of 0.1% of GDP. While the institution lowered its growth forecast to 1.6% due to external pressures, including energy price volatility, it remains more optimistic than the government's previous deficit projections.

Context & Explainers

The Public Finance Council (Conselho das Finanças Públicas or CFP) is an independent body that monitors the sustainability of public finances in Portugal. It provides analysis and forecasts on government budget plans to ensure transparency and compliance with European fiscal rules.