This position was conveyed by Fernando Medina after delivering the Government's State Budget proposal for 2024 to the President of the Assembly of the Republic, Augusto Santos Silva.
According to the head of Finance, next year's Budget aims above all to “respond to the needs of the Portuguese, having three pillars: increasing income, public and private investment, and protecting the future”.
In terms of increasing income, Fernando Medina said that the current situation of inflation and the needs of families “require” a policy in this sense, “whether through salary increases, or through a significant reduction in the IRS, or the reinforcement of support more significant social issues”.
The State Budget proposal for 2024 is generally debated on the 30th and 31st in the Assembly of the Republic, with a final global vote scheduled for November 29th.
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