Tuesday, January 26, 2016

Ex-Minister: Budget execution had “extraordinary result” – Daily News – Lisbon

Maria Luís Albuquerque assumes that no surcharge for the return is a “personal disappointment”

The former minister Finance called on Tuesday the latest figures of budget execution as “an extraordinary result” and the “best democracy” in which the adjustment was achieved in “nearly three-quarters” with reduced expense.

Maria Luís Albuquerque said to be a “personal disappointment” not have been possible to achieve the return of the IRS surcharge, but stressed that “what is worth noting is the extraordinary result of budget execution as a whole.”

“We have reduced spending in most sectors, particularly” in the public service, “said the former Minister, at a press conference in Parliament.

The difference between expenses and income streams” improved three billion euros “and late payments by the state between 2011 and 2015, fell by 3.8 billion, highlighted Maria Luís Albuquerque.

The MP also stressed that the PSD the budget balance improved by 2.5 billion euros and 500 million improved over the set goal, as the primary surplus (without interest) reached EUR 3.5 billion.

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