Between the Ministry of Finance and the Portuguese Public Finance Council
On 6 February 2015 a Memorandum of Understanding (MoU) was signed between the Ministry of Finance and the CFP (only available in Portuguese) covering the drawing up of the Council’s Opinion on the macroeconomic projections underlying the Stability Program and the State Budget Proposal.
This Memorandum defines how the analysis of the macroeconomic forecasts underlying these two budget planning documents is to be conducted by the CFP and describes how the information provided by the Ministry of Finance will be handled.
The MoU is built around the European Semester procedures and is based on the recognition by both institutions of the relevant contribution that the budget process makes to the sustainability of public finances.
Date of last update: 09/07/2024