The State Budget proposal (OE2026), submitted to the Assembly of the Republic on Thursday, forecasts a 2.3% increase in Gross Domestic Product (GDP) and a reduction in IRS in 2026. From surplus to public debt, minimum wage, and social benefits, what does the document introduce?
The executive’s proposal will be discussed and voted on in general on October 27 and 28, with the final overall vote scheduled for November 27, following a detailed debate process.
The European Commission has given Portugal two months to properly implement the EU rules on price reductions in services, which aim to protect consumers, stating that the country does not comply with standards on commercial practices.
On the day it reveals the October infractions package, the EU executive indicates having initiated proceedings by “sending a formal notification to Portugal for not having correctly implemented the rules concerning price reductions,” which altered directives related to consumer rights, unfair contractual terms, and price indication.
The Prime Minister, Luís Montenegro, announced an increase in the Solidarity Supplement for the Elderly by 40 euros next year, raising it to 670 euros, a measure that will be included in OE2026.
The government is expected to include in the State Budget proposal for 2026 an increase in the Solidarity Supplement for the Elderly by 40 euros. This social benefit increase was already announced by the Prime Minister.
Beatriz Vasconcelos | 08:14 – 07/10/2025
The Social Security Institute (ISS) announced on Monday that it is now possible to make contributions for domestic service workers through MB Way “from home, in a simple, fast, and secure manner.”
In a statement published on its website, the ISS explains that “to use this payment method, access the Social Security Portal, go to the Payments and Debts menu > Check Current Position.”
The Social Security Institute (ISS) reminded that, on August 14, 2025, the mandatory Life Certificate process for pensioners residing in Switzerland and Luxembourg began. The measure covers more than 7,200 pensioners, mostly aged between 70 and 90 years.
“The Life Certificate is an annual procedure for pensioners living abroad and ensures the continuity of their pension rights. In 2025, the process started in Luxembourg and Switzerland and will gradually expand to other countries until 2027,” reads a statement released by the ISS.
The State Budget proposal (OE2026) forecasts a 2.3% rise in Gross Domestic Product (GDP) and a reduction in IRS in 2026. The document brings updates regarding surplus, public debt, minimum wage, and social benefits – everything is explained here.
Lusa with Beatriz Vasconcelos | 06:56 – 10/10/2025
