CFP - Portuguese Public Finance Council

Economic and Fiscal Outlook 2025-2029

Autonomous Regions Budget Outturn in 2023

State-Owned Enterprises 2022-2023

Analysis of the Draft State Budget for 2025

Analysis to the National Medium-Term Fiscal-Structural Plan (2025-2028)

The Portuguese Public Finance Council (CFP) is the Independent Fiscal Institution (IFI) that oversees the compliance with fiscal rules and the sustainability of public finances in Portugal.

CFP organizes conference

The CFP and the Faculty of Economics of the University of Algarve, with the support of the AHETA and the Order of Economists, organized the conference "Tourism, Public Investment and Sustainable Development" on March 17th, in Faro.

Nazaré da Costa Cabral speaks at IMF workshop in Brussels

The Portuguese Public Finance Council (CFP) participated in a special workshop for the Climate Experts Group of the OECD network for Parliamentary Budget Offices and Independent Fiscal Institutions (PBO/IFI) in Rome.

Macroeconomic Forecasts

The Portuguese Public Finance Council provides a comparative table on the latest macroeconomic projection exercises for the Portuguese economy. Last update on 20 March 2025.

Trump 2.0: Impact of potential tariffs on the Portuguese economy activity

After the 2008 financial crisis, international trade lost momentum. According to the World Bank, trade as a share of global GDP grew from 41% in 1996 to 60% in 2008, stabilizing since then.