The Finance Minister reiterated this Friday that the next State Budget “will follow the policy of correct accounts”, stressing that, in a context of rising interest rates, “the best thing the State can do is to govern itself well”.
Financial prudence, focusing on reducing public debt, getting off the list of the countries with the highest public debt in Europe and making it a political priority is one of the most important measures that the State can take: to govern itself well, sustain the lives of families and companies in our country,” the official told reporters on the sidelines of the Millennium Talks conference on business investment, promoted in Porto by Millennium bcp.
Moments before, speaking before an auditorium full of businessmen, Fernando Medina warned that, although “it is still a bit early to be able to advance the lines in detail regarding the General State Budgets [OE2023], the general guideline will be to follow the correct account policy“.
In other words, the State must be, as it was in 2021 and 2022, part of the solution and not an addition to the problem. If, as many suggest, we took advantage of all the margins allowed by the European Union and used a strategy to overcome the budget deficit [para um valor acima dos 3% do PIB]What position would we be in to face an adversity risk of, say, having 1% or less than 1% growth next year? It was just completely throwing us off,” the minister said.
Source: Observadora
