Government to extend zero VAT on food until the end of the year

Date:

Share post:

The Council of Ministers will approve this Thursday the extension of the zero VAT measure on some food products considered essential until the end of the year, the secretary-general of the PS and prime minister, António Costa, announced today.

“And that’s why, because the measure worked, the Council of Ministers will approve the extension of the zero VAT reduction until December 31st, so that we can continue to control the price of essential foodstuffs for Portuguese families,” António Costa announced at the Socialist Academy in Évora, an initiative that marks the Socialist New Year.

As for the increase in interest rates on mortgage loans, António Costa referred to measures after next week’s meeting of the European Central Bank “to make it clearer what will happen” but guaranteed that the government will adopt new measures to support families in September.

The cut from 6% to 0% in a set of 46 food products considered essential came into force in April.

Moti Shabi
Moti Shabi
Moti Shabi

Related articles

Minister of Culture calls Cannes awards for Portuguese cinema “excellent news”

The Minister of Culture, Dalila Rodrigues, today congratulated directors Miguel Gomes and Daniel Soares on their awards at...

“Grand Tour” honors Portuguese Miguel Gomes as best director at the Cannes Film Festival

Portuguese director Miguel Gomes won the best director award at the Cannes Film Festival in France for his...

Warm weather ‘inviting’ to the beach, but beware: “The sea is still winter”

The National Maritime Authority has some advice for those going to the beach this weekend, reminding us that...

“Determination”. PUSP distances itself and condemns anti-Semitic hate speech

The Portuguese organization Plataforma Unitária de Solidariedade com a Palestina (PUSP) has distanced itself and condemned all hate...