The government will present the Stability Program to Parliament this Monday

This Monday, the government will present to Parliament the Stability Program for 2024/2028, a document based on an unchanged policy that does not yet take into account the impact of the measures included in the program of the new executive.

The stability program was approved on Wednesday by the Council of Ministers and will be discussed on the 24th in the Assembly of the Republic.

At a press conference after the meeting of the Council of Ministers, the Minister of the Presidency, António Leitán Amaru, stated that, following dialogue with the institutions of the European Union, the script and content of the Stability Program are based “on fixed policies and therefore do not reflect the discretionary options and measures” provided for in the government program presented on 10 on the 1st day in parliament.

When using a simplified version of the document and an invariant policy scenario (that is, which takes into account measures already legislated and planned), the budgetary impact of the policies envisaged by the executive branch is not taken into account.

The Framework Budget Law (LEO) stipulates that “the government will submit to the Assembly of the Republic an updated version of the Stability Program for the next four years by April 15,” which then has a 10-day period to evaluate it.

Former Finance Minister Fernando Medina said in March that his chief was working on a Stability Program to prepare it for the next government.

“We will leave all the work prepared so that this work can be handed over to the next government, so that the next government can integrate the policies it understands into the next Stability Program to hand over to Brussels,” he said in a statement to journalists in Brussels.