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CFP elaborates macro-fiscal projections for the Portuguese economy for the next four years, which are initially presented in March and updated in September each year. Such medium-term scenarios are based on a no policy change scenario (not considering any new policy measures apart from the already legislated). At the macroeconomics level CFP projects the evolution of GDP, its components and the unemployment rate as well as the evolution of the external sector and of business cycle indicators. At the fiscal level, CFP projects the General Government account and public debt, including the budget balance and the structural budget balance, among other indicators. This page presents a summary table of the main indicators, being the additional breakdown provided in the reports “Public Finance: Position and Constraints”.

 

Updated on 14 March 2019.