Finance Minister Fernando Medina said this Monday that he sees “no reason for concern” from financial rating agencies about the country’s financial stability, hoping that the Democratic Alliance (AD) will maintain its “commitment” to financial stability. . .
“What always seems decisive to me is what kind of political will there is in our country. Coalition […] who won the elections yesterday [domingo] has included in its program and as a main goal the maintenance of confidence in public finances and the international credibility of the Portuguese state, and there is no reason why rating agencies should not take this commitment seriously in Portugal and abroad,” he said. Fernando Medina.
Speaking to the Portuguese press in Brussels a day after the Portuguese legislative elections that brought victory to the AD, the still ruler stressed that it was “important to ensure” “the continuity of the policy of stability in terms of political financing and the continuity of the reduction of public debt.”
“The commitment of the winning party in this election is to consolidate public finances and I am confident that they will not deviate from that commitment, so I see no reason for any concerns on the part of DBRS or any other agency regarding what will be the future of governing our country,” said Fernando Medina.
This Monday, the financial rating agency DBRS warned of the risk that Portugal’s blocked parliament and unstable government could prevent the implementation of the PRR, without ruling out new early elections.
In a commentary accessed by Lusa, the financial rating agency stressed that the results of Sunday’s legislative elections suggested a difficult scenario for the governability and stability of the next government, as center-right parties won the elections by a narrow margin.
The Democratic Alliance (AD) won Sunday’s legislative elections with 29.49% of the vote and 79 deputies, compared with 28.66% and 77 deputies achieved by the PS, with four seats still to be distributed in the emigration circle.
Chega quadrupled the number of deputies to 48, gaining 18.06% of the votes.
IL received eight deputies (5.08%), BU retained five deputies (4.46%), the CDU reduced the number of deputies compared to 2022 to four (3.3%).
Livre will form a parliamentary group for the first time, managing to recruit four deputies (3.26%), while the PAN will be left with one deputy (1.93%).
Author: Lusa
Source: CM Jornal

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