This Friday, the government revised its estimate of this year’s public debt by 1.4 percentage points to 106.1% of gross domestic product (GDP), according to information sent to Brussels.
In the “Excessive Deficit Procedure” published this Friday by the National Statistical Institute (INE), the forecast for the gross debt ratio for 2023 is 106.1%, lower than the 107.5% projected in the Stability Program, which has already revised downward the target the figure is 110.8. % is contained in the state budget for 2023 (OE2023).
The information for 2022 and previous years included in the report on the excessive deficit procedure, on the compilation of the net capacity/financing requirement is the responsibility of the INE, as well as on the gross debt of the Bank of Portugal, but for 2023 is the responsibility of the Ministry. finance.
Author: Lusa
Source: CM Jornal
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