Public Financing

The President of the Council of Public Finances, Nazaré da Costa Cabral has suggested the National Health System (SNS) could be financed by an Ireland-style ‘social insurance’ scheme. It would [...]

The economist who runs Portugal’s public debt management agency IGCP, Cristina Casalinho, says that Portugal is “prepared to face an increase in interest rates”. The interest on Portuguese [...]

The President of Portugal’s Council of Public Finances, Nazaré Costa Cabral, has warned that inflation in all likelihood is here to stay. Speaking on RTP 3 on Tuesday evening, Nazaré said there [...]

The Portuguese government entity which monitors public sector spending, the Tribunal de Contas, has issued a warning about “the high level of Portugal’s public debt”. The TdC says that it is [...]

Portugal now has just €66.2Bn of public debt to trade at negative interest rates in the market, around 42% of the State’s total debt. However, this amount had been greater: just six weeks ago it [...]

The Portuguese State will issue, through its debt and treasury agency IGCP, bonds worth €17.7Bn to finance the public sector. However, the actual estimate for government spending needs this year [...]

Portugal’s socialist government led by António Costa saw its State Budget 2022 voted down by parliamentary MPs on Wednesday. It means that the President of the Republic, Marcelo Rebelo de Sousa [...]

The Portuguese public debt agency IGCP will hold an auction for short-term sovereign bond issues in the fourth quarter of this year. The aim is to raise up to €1.25Bn. On Monday, the institution [...]