The finance minister ruled out the need for a rectifying budget on Tuesday due to the household support package to tackle inflation, stressing that the legal instruments allow the adoption of the measures.
“It is not necessary to carry out a rectification budget and the program can be developed through the adoption of the legal instruments of the measures necessary,” said Fernando Medina at a joint press conference to discuss the package of measures to mitigate the effects to be elaborated further. of inflation, estimated at EUR 2,400 million in terms of spending impact, approved this Monday by the Council of Ministers.
When asked whether he anticipated the need for a new supplementary program, Fernando Medina said his “desire” was “not to have to present a supplementary program” as this would mean lower inflation, but he emphasized that the role of the government “do not work on the basis of hope”, but rather “always seek the strategy that […] allows you to have the best customization capacity”.
In addition to the Minister of Finance, the Ministers of Environment and Climate, Duarte Cordeiro, of Infrastructure and Housing, Pedro Nuno Santos, and the Minister of Labour, Solidarity and Social Security, Ana Mendes Godinho, took part in this press conference in Lisbon. .
The new package, approved Monday in the extraordinary council of ministers, adds to the €1.6 billion in aid already allocated since the beginning of this year, bringing the total to more than €4 billion this year. to mitigate the effects of inflation.
The President of the Republic, Marcelo Rebelo de Sousa, has already issued the government diploma establishing exceptional measures.
Source: DN
