"The Stability Program, which we are debating today in the Assembly of the Republic, continues to strengthen household income, increase public investment and reduce public debt," wrote António Costa on Twitter.
One of the Government's main objectives for the coming years, according to the prime minister, will be to "lower IRS".
Baixar a dívida pública. Mantemos a trajetória de redução, que empurrará a dívida abaixo dos 100% do PIB já daqui a dois anos. Menos dívida significa mais recursos para investir em políticas públicas. #programadeestabilidade— António Costa (@antoniocostapm) April 26, 2023
"We continue to reduce taxes on income. There are another two billion euros of IRS reduction for Portuguese families until 2027", he highlighted, before referring to the issue of the evolution of pensions.
“We secured an interim increase in pensions in July. Pensions are updated by another 3.57% in July".
By 2027, according to the Stability Program, the executive foresees a reinforcement of public investment. At this point, the prime minister maintains that, in 2023, "the historic peak recorded in 2011" will be exceeded.
"We will continue the growth path and by 2027 we will reach a figure 50% higher than in 2022", he promised.
In terms of the weight of public debt in the Gross Domestic Product (GDP), António Costa ensures that a downward trend will continue.
"We maintain the reduction path, which will push the debt below 100% of GDP in two years' time. Less debt means more resources to invest in public policies", adds António Costa in a series of message on the Stability Programme, which the Portuguese government, after the parliamentary debate, will deliver in Brussels.
The 2023-2027 Stability Program, which was presented on the 17th by the Minister of Finance, Fernando Medina, has rejection motions presented by the Bloco de Esquerda e Chega.