António Costa said that on Monday the Government will
present the State Budget for next year, which “is a Budget that is adjusted to
realities”.
“This year we are the European Union country that had the
highest growth, next year the recession in many European countries will mean
that we are not immune and therefore Portugal will grow less than it did this
year, but we will not have any scenario of non-growth and even less of
recession“, he pointed out.
According to the Prime Minister, the economic scenario for
2023, on which the State Budget will be based, is “of moderate growth, adjusted
to the realities of the time” that “is based on a significant deceleration of
the inflation rate and, above all, a fundamental concern that is the key to
economic policy, which is to be able to maintain employment and be able to
sustain without fuelling the inflation spiral”.
typical socialist garbage. of course there will be a recession, only he doesn’t know it!
By Ian from Lisbon on 24 Oct 2022, 07:33