Minister of Finance Blames PS for Increasing Immigration, but Admits It Can Bring Down Public Debt
3 Articles
3 Articles
Joaquim Miranda Sarmento accuses the former socialist government of "total irresponsibility" in immigration control and considers the post-pandemic economic convergence a "falacy". Nevertheless, he admits that the revision of nominal GDP by the INE could contribute to a new decline in public debt.
Joaquim Miranda Sarmento blames the government of António Costa for the increase in immigration. However, the Minister of Finance admits that new residents can bring down public debt.
The government today admitted that the public debt ratio can be lowered with a high revision of the nominal Gross Domestic Product (GDP), to be carried out by the National Institute of Statistics (INE) after updating the population resident in Portugal.
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