Portugal: Public Finance Council Suggests Six Recommendations for New Budget Framework (eco.sapo.pt)

• CFP proposes six changes to budget framework
• New framework must describe reforms with fiscal impact
• Aims to improve credibility and transparency of fiscal policy

"Portugal's Public Finance Council (CFP) has issued six recommendations for the revision of the medium-term budgetary framework under the Budget Framework Law (LEO). The CFP warns that the framework must become an effective planning instrument, including descriptions of reforms and investments with significant impact on public finances and growth. The recommendations aim to enhance the credibility of fiscal governance."