The first was at the beginning of the third millennium, i.e., from the year 2000 the Portuguese public debt began to have growth that many economists considered worrisome, and that in their opinion would contribute to create a structural crisis in the country. Portuguese Prime Minister Antonio Costa reaffirmed a goal of reducing government debt to less than 100% of gross domestic product in the next four years as he was sworn in for a second term.The government aims to raise the monthly minimum wage to 750 euros ($831) in 2023 from 600 euros at present, Costa said in Lisbon on Saturday, after his government was sworn in.
In his first term, Costa got consistent support for his budgets from the Left Bloc, Communists and Greens, leading only the second minority government in Portugal to serve a full term since a four-decade dictatorship gave way to democracy in 1974. Download historical data for 20 million indicators using your browser.Direct access to our calendar releases and historical data. The government supports Novo Banco, acquired in 2017 by Lone Star, the US equity fund, by making state loans to the country’s bank resolution fund, which is owned by all Portugal’s banks. Debt is projected to decline to 116% of GDP in 2020 from an estimated 119% in 2019.Results from Portugal’s 2019 parliamentary electionSource: Portugal’s Ministry of Internal AdministrationNote: Chega, Liberal Initiative and Livre have one seat each.The Socialist Party said on Oct. 10 that the new minority government will continue following the same approach used in its first term and hold discussions in advance with other parties about budget proposals. This page provides - Portugal Government Debt To GDP - actual values, historical data, forecast, chart, statistics, …
General government debt, % of GDP, 2019 Household debt: 121.6 % of disposable income. Tax on personal income, % of GDP, 2018 ... Portugal (red) Government reserves Indicator: 3 791.4 Total SDR millions Q4-2014 Portugal SDR millions: Total SDR millions Q1-2010-Q4-2014 Portugal (red) Total SDR millions Premier Costa was sworn in for a second term on Saturday Normal Convexity in Long-Term vs Short-Term Maturities. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Government Debt in Portugal increased to 254769 EUR Million in the first quarter of 2020 from 249980 EUR Million in the fourth quarter of 2019. ... leading only the second minority government in Portugal to serve a … This was formed in November 2015 and lasted 11 days when it lost motion of co… Several years of economic mismanagement led to very high debt levels and … The latest comprehensive information for - Portugal Government Debt to GDP - including latest news, historical data table, charts and more. Government debt: 137.1 % of GDP.
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portugal government debt