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Costa convenes PS National Political Commission on Wednesday

PS Secretary General Antonio Costa has called a meeting of his party’s National Commission for Wednesday, a day after the government presents the draft 2024 state budget.

According to the call, the meeting of this broad governing body of socialists, which is scheduled for 21:00 at the national headquarters of the PS, has the only agenda item “analysis of the political situation.”

From a party perspective, this is the first meeting of the national body after the summer holidays, comes 11 months after the last meeting of the National Commission and at a time when the government faces social protest, especially from doctors and teachers. in conditions of inflation and the housing crisis.

In addition to the measures already taken in September to increase bonuses and stabilize the cost of housing loans over the next two years, the Government is preparing direct support for rent and housing loans in the state budget when the effort level reaches 35% and 55%.

However, in the housing sector, the socialist executive is also negotiating with tenant and owner associations for a balanced situation for the renewal of rents, since inflation, which serves as a guideline for this renewal, if nothing is done, results in an increase of 6.94% in 2024.

On the social front, on Saturday the government signed a contract with the General Union of Workers (UGT) and the employers’ associations: the Confederation of Farmers of Portugal (CAP), the Confederation of Commerce and Services of Portugal (CCP) and the Confederation of Tourism of Portugal. Portugal (CTP) – strengthening the revenue agreement.

The cost of the national minimum wage will rise to €820 next year, with António Costa calling the rise the “biggest annual increase” ever.

Antonio Costa also stated that this agreement also revised the reference to the salary renewal for 2024, increasing to 5%, “now higher than the commitment made for this year” (4.85%).

Last week, in an interview with TVI and CNN/Portugal, the Prime Minister confirmed a 6.05% increase in pensions next year.

From a macroeconomic perspective, the government expects a surplus at the end of this year, growth of about 1.5% in 2024, with debt falling to less than 100% of gross domestic product at the end of next year.

Author: Lusa
Source: CM Jornal

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