This Saturday, the PS Secretary General defended the need for Portugal to create a post-2026 investment fund based on a budget surplus and warned that it would be irresponsible for the country to spend everything it has now.
This position was expressed by António Costa in his speech at the opening of the meeting of the PS National Commission, which takes place at the Lisbon International Fair (FIL), during which he spoke about the main objectives of the government’s proposal for the state budget. for 2024, the general debate of which will begin on Monday in the Assembly of the Republic.
“We all recognize that the Plan for Recovery and Resilience (PRR) was of an extraordinary nature, warranted by the exceptional circumstances surrounding the Covid-19 pandemic, and that we are not guaranteed to receive extraordinary reinforcement in the next cycle of public funds. .. these resources. Not only more life beyond the budget, but more life after 2026,” he said.
Together with the Minister of Finance Fernando Medina, after listening to his speech, António Costa considered it necessary to “ensure that the country continues to be able to invest after 2026”, and for this purpose a fund was created in which “a part of the balance of the 2023 budget is allocated”.
“Yes, we could spend it all now, but that would be irresponsible for the future because the country would need to maintain a strong public investment trajectory. And since we don’t know tomorrow, we need to create reserves today so that tomorrow we can continue to increase public investment,” he said.
Author: Lusa
Source: CM Jornal
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