The Government’s OE2026 proposal left out more controversial matters, such as labor law or Social Security, discussed separately in parliament, a requirement of the PS to make the Budget viable at this stage.
After voting in general, the specialized assessment begins on Wednesday, at the Budget, Finance and Public Administration Committee (COFAP), with hearings of all ministers and also some institutions and bodies such as the Court of Auditors, the Economic and Social Council and the CFP.
The hearings end on November 7th, the day that also marks the end of the deadline for parties to present their proposals for changes to the document.
Then, from November 20th to 26th, there will be discussion in the plenary session in the morning and votes at COFAP in the afternoon, with the closing and final global vote scheduled for the 27th.
The Government predicts that the Gross Domestic Product (GDP) will grow 2% this year and 2.3% in 2026 and intends to achieve surpluses of 0.3% of GDP in 2025 and 0.1% in 2026. As for the debt ratio, it estimates a reduction to 90.2% of GDP in 2025 and 87.8% in 2026.
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