The Portuguese Economy Is Rescinding, but There Are Challenges to Growth, Says Oecd.

Observador

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Despite the "responsive economic growth, historically high employment rates and a rapid decline in public debt, the organization recommends "budgetary wisdom" and structural reforms.

IOL Portugal

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In the vision of the organization, the country must take a position on "budgetary wisdom"

Dnoticias

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The Portuguese economy has been rescinded, but there are several factors that can remain in growth in the coming years, alerts the Organisation for Economic Cooperation and Development (OECD) in the 'Economic Survey' published today. "The economic performance of Portugal has been strong, with a rising economic growth, historically high employment rates and a rapid decline in public debt. However, the long-scale invasion of Ukraine by Russia and …

Jornal Expresso

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OECD report on the Portuguese economy, published this Wednesday, maintains the growth projection of 2.2% in 2026. However, notes that trade tensions and global political uncertainty pose “significant risks”, and recommends to the Government that “soundly consider” any budgetary expansion measures and reduce “inefficient” tax benefits and end early reforms for long-term unemployed.

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The executive insists on reducing IRS and IRC until the end of the legislation, although the OECD suggests content in more measures of this nature to have budgetary margin.