The Public Finance Council (CFP) has raised concerns about the forecasted surplus in the 2026 State Budget, which relies on temporary measures and extraordinary revenues, questioning both its sustainability and feasibility.
“The budget proposal for 2026 predicts a global budget balance, partially supported by extraordinary revenues and assumptions that, in some cases, reflect unsubstantiated changes to the standard expenditure dynamics,” stated the CFP’s report on the Analysis of the State Budget Proposal for 2026.
The organization notes that “although this strategy allows for the projection of a positive budgetary outcome and the continued reduction of the public debt ratio, it raises doubts about its sustainability, recalling past practices that limited budget policy transparency and credibility.”
