The Portuguese Public Finance Council publishes the report “Public Finance: Position and Constraints 2016-2020” that aim at characterising the state of Portuguese public finances and the constraints they face at the start of the annual cycle of updating the fiscal strategy, which begins with the presentation of the National Reform Programme and the Stability Programme.
This Report develops a medium-term scenario for the five-year period 2016-2020 based on a no-policy change assumption, that is, taking into account the effects of measures already implemented or sufficiently specified, and setting the constraints which the strategy and the measures to be defined must face.
Date of last update: 22/03/2016