Lisbon, Sept. 6, 2024 (Lusa) - The 2025 limit for total public spending set by Portugal's government is 19.3% above this year's figure, at €425.9 billion, according to the multiannual framework for public spending, sent by the government to parliament on Friday.

The total expenditure figure set out in the document, to which Lusa had access, includes the overall spending limits for central government, social security and public debt management, with the 2025 limit for central government alone to rise by 4.1% to €161.2 billion.

On the total revenue side, the government entered a figure similar to that of expenditure, of €425.9 billion (up 19.3% on 2024), of which €293.8 billion relates to tax revenue (up from €242.5 billion in 2024). 

The submission of the multiannual public spending framework - which is constitutionally required - was one of the demands of the main opposition Socialist Party for its entering into negotiations on the 2025 state budget. The cabinet office minister in the right-of-centre coalition government, António Leitão Amaro, said on Thursday that the document would be in parliament on Friday at the latest.

LT/ARO // ARO.

Lusa