Finance Minister Fernando Medina said today that the next state budget (OE) will include measures to strengthen corporate capitalization, and sees this as an “appropriate response” at a time of rising interest rates.
During the opening session of the launch of the new ‘website’ of the Issuer’s Guide, in Lisbon, Fernando Medina took the opportunity to emphasize “what will be a pillar in the next state budget in the dimension related to the structural reinforcement of the economy occupying the central place that “will be given “to the instruments to strengthen the capitalization of companies”.
This equity boost, the official said, “comes at a particularly opportune time” and is the “appropriate response” at a time when, like today, interest rates are rising.
“The right response or opportunity that opens up at a time of rising interest rates is to know how to send a very clear message to the entire economic and productive sector that strengthening equity is essential,” not just for the stability of companies, such as in the development of future projects and the solidity of the financial system, emphasized Fernando Medina.
Without going into details or responding in the margins of the session to questions from journalists about the content of these measures, Medina merely said that this is an area in which the government has been working” and in which it is taking “concrete, effective measures”.
The Issuer’s Guide, a new digital tool, aims to “track and help companies make informed financing decisions, based on knowledge of the alternatives”, according to the CMVM, so that they can “consider the one that best fits their vision and match ambition”.
The Issuer’s Guide thus provides information on “the stages of the journey to capital market access” — from planning to admission to trading, through preparation and offering — and provides information on “the features, advantages and disadvantages of the various options available to businesses”.
Source: DN
