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The Ministry of Finance has its origins on the Comptrollerships of the Exchequer (vedorias da Fazenda) created in the 14th century to run the State's financial affairs. After 1584, the comptrollerships are replaced by the Council of the Court of the Exchequer (Conselho do Tribunal da Fazenda). In 1761, the Royal Treasury (Erário Régio) is ...
While Leão was at Ministry of Finance, Portugal achieved in 2019 the first budget surplus of the 45 years of the country's democratic history. [6] During this period, between 2015 and 2022, Portugal was the second country in the EU that the decreased the most its budget deficit from 4,4% to 0,3% and the third country that decreased the most ...
Taxes in Portugal are levied by both the national and regional governments of Portugal. Tax revenue in Portugal stood at 34.9% of GDP in 2018. [ 1 ] The most important revenue sources include the income tax , social security contributions, corporate tax and the value added tax , which are all applied at the national level.
Socialist Party (1973–1978) Independent (1978–2017) Children. 1 daughter. Alma mater. University of Lisbon. Profession. Jurist, financier, lawyer. Henrique Medina Carreira (14 December 1930 – 3 July 2017) [1] was a Portuguese jurist and financial expert who served as Minister of Finance from 1976 to 1978.
Alma mater. Catholic University of Portugal. New University of Lisbon. Profession. Economist. Vítor Louçã Rabaça Gaspar (born 9 November 1960), GCIH is a Portuguese economist and former politician, who served as Minister of Finance and Minister of State in the XIX Constitutional Government of Portugal from 21 June 2011 [1] until his ...
In 2012 the Portuguese debt, at 129% of the GDP, was the second highest in relative terms in the European Union only after Greece. [3] By the first semester of 2013, the Portuguese national debt increased to a record-high of 130% of the GDP, around 214.5 billion Euros or 293 billion US dollars. [4] In June 2014, the public debt reached 134% of ...
The 2010–2014 Portuguese financial crisis was part of the wider downturn of the Portuguese economy that started in 2001 and possibly ended between 2016 and 2017. [1] The period from 2010 to 2014 was probably the hardest and more challenging part of the entire economic crisis; this period includes the 2011–14 international bailout to Portugal and was marked by intense austerity policies ...
A ministry of finance is a ministry or other government agency in charge of government finance, fiscal policy, and financial regulation. It is headed by a finance minister, an executive or cabinet position . A ministry of finance's portfolio has a large variety of names around the world, such as "treasury", "finance", "financial affairs ...