PortugalPolitics

Sarmento expects balanced balance this year and surplus of 0.1% in 2027

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 08/10/2026, 14:11:25 UTC.

Briefings

The Portuguese government announced a balanced budget for 2026 and projected a 0.1% surplus for 2027, based on the 2027 State Budget report delivered by Finance Minister Joaquim Miranda Sarmento. This aligns with the OECD and IMF forecasts, while the European Commission expects a slight deficit. The government's 2.3% growth target for 2026 and 2.1% for 2027 were confirmed in official statements.

Key points

• The Portuguese government confirmed a balanced budget for 2026 and projected a 0.1% surplus for 2027 in its 2027 State Budget report.
• The government's 2.3% growth target for 2026 and 2.1% for 2027 were explicitly stated by Finance Minister Joaquim Miranda Sarmento.

Context

The budget figures were presented by Finance Minister Joaquim Miranda Sarmento on October 8, 2026, in the Portuguese Parliament. The government's projections align with OECD and IMF forecasts, though the European Commission expects a slight deficit. The government's 2.3% growth target for 2026 and 2.1% for 2027 were explicitly stated by Finance Minister Joaquim Miranda Sarmento.

Limitations

The evidence is limited to the 2027 State Budget report and official ministerial statements. It does not include data on the 2026 budget, specific fiscal measures, or detailed economic indicators beyond the stated growth targets.

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