The government has prioritized enhancing the nation’s financial literacy, specifically focusing on Social Security, savings, and retirement planning. These topics feature prominently in the newly unveiled governmental program submitted to the Assembly of the Republic today.
Under the leadership of Luís Montenegro, the administration proposes integrating these subjects into the national financial education plan, collaboratively involving the National Council of Financial Supervisors. This initiative aims at crafting educational materials tailored to diverse audiences based on their interactions with Social Security throughout their lifecycle.
Addressing financial literacy needs is deemed particularly urgent among younger working generations, according to the government.
Additionally, the government’s program stipulates the introduction of mandatory financial literacy content beginning in the academic year 2025/2026.
The Program of the XXV Constitutional Government, emerging from the May 18 elections won by the AD coalition (PSD/CDS), was delivered today to the Assembly by Carlos Abreu Amorim, the Minister for Parliamentary Affairs.
Having gained approval from the Council of Ministers last Thursday, the government program is set for discussion in the Assembly of the Republic on Tuesday and Wednesday.
At a press conference following the government meeting, António Leitão Amaro, the Minister of the Presidency, described the document as “an ambitious program to transform the country.” It is organized around ten key priorities, including state reform, regulated immigration, income enhancement, community security, housing, and defense.
The PCP has already declared its intention to table a motion of rejection, although this proposal is expected to be blocked. Besides the PSD and CDS, Chega and the PS are also unlikely to lend their support.
