The Portuguese Business Association (AEP) believes that the proposed State Budget for 2025 is “far from what the country needs” and is no more than “a series of isolated measures” that lack an “integrating strategy.” In a statement released today, AEP’s General Council said that it “does not see the macro-orientation that it defends, in the sense of increasing revenue through the development of the economy and reducing taxes for citizens, workers and companies (…) Due to the circumstances and the political corset that we all know, the budget proposal amounts to a series of isolated measures, rather than a truly integrated development strategy,” it said, advocating “increasing the weight of exports in GDP, improving productivity and competitiveness of the economy and people’s disposable income”.
Business association calls budget ‘series of isolated measures’
