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This report presents the general government budget developments for the year 2016 and a comparative analysis of these developments against the objectives set by the Ministry of Finance for the deficit and the public debt. It also presents an evaluation of the degree of compliance with the expenditure limits financed by general revenues established for Central Administration.

 

The analysis is based on the data published on 24 March 2017 in the following statistical sources: first notification of 2017 under the Excessive Deficit Procedure published by the National Institute of Statistics (INE) and quarterly national accounts by institutional sector for the fourth quarter of 2016 published by INE and Bank of Portugal. The data underlying this report are of a preliminary nature and are therefore subject to possible revisions, as was the case with previous quarters.

Budget Outturn . Report nº 3/2017 . 11 April 2017