The PSD President confirmed this Wednesday that the state budget for 2024 “solves nothing” in the areas of housing, education and health, continuing the “undisputed António Costa brand” that breaks “tax records” every year.
“The country continues with this ninth budget from Dr. António Costa, this is his ninth budget that has an undeniable mark, namely maximum taxes and minimum public services,” said Luis Montenegro after riding the metro between stations in Matosinhos, in the district. Porto as part of the next initiative “Sentir Portugal”, according to which a social democrat should spend a week a month in every region of the country.
According to Montenegro, the “great legacy” the prime minister leaves is that he was “the greatest tax collector in Portuguese history”, aiming to break the record every year.
“He really has merit, he doesn’t get tired, he breaks tax records every year,” he added.
After talking to some people, namely young people who said that this Wednesday Portugal has become a poorer country after eight years of PS rule, the PSD leader said that there will be no surprises in the party’s vote because, from a perspective perspective, the budget didn’t bring anything new.
“We look at the state budget and what do we see? We see that the tax burden will increase again, we see that there is the appearance of a one-handed IRS reduction, albeit very limited for some levels, and this will be taken away along with one or even both through indirect taxes, more than has already been taken away this year, namely VAT and COI, those things that are connected and equally for everyone related to consumption, food, fuel and energy,” he emphasized.
At the same time, he continued, the government’s budget proposal does not address anything fundamental in the areas of education, health and housing.
The government forecasts gross domestic product (GDP) will grow by 2.2% in 2023 and 1.5% in 2024, with inflation falling to 5.3% this year and 3.3% in 2024.
The executive, led by António Costa, aims to achieve a budget surplus of 0.8% of GDP in 2023 and 0.2% in 2024. As for the public debt ratio, he estimates it will decline to 103% of GDP this year and to 98.9% in 2024. .
The 2024 state budget proposal will be discussed and voted on as a whole on October 30 and 31. The final global vote is scheduled for November 29.
The state budget is guaranteed to be approved by the parliamentary majority of the PS.
Author: Lusa
Source: CM Jornal

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