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History. 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 ...
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.
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 ...
Alma mater. University of Porto. Fernando Medina Maciel Almeida Correia (born 10 March 1973) is a Portuguese economist and politician Socialist Party (PS) who served as Minister of Finance in the government of Prime Minister António Costa from 2022 to 2024. He previously served as Mayor of Lisbon from 2015, succeeding Costa, [1][2] to 2021.
The economy's growth has been accompanied by a continuous fall in the unemployment rate (6.3% in the first quarter of 2019, compared with 13.9% registered in the end of 2014). The government budget deficit has also been reduced from 11.2% of GDP in 2010 to 0.5% in 2018.
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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 ...
t. e. António de Oliveira Salazar[a] GCTE GCSE GColIH GCIC (28 April 1889 – 27 July 1970) was a Portuguese statesman, academic, and economist who served as Prime Minister of Portugal from 1932 to 1968. Having come to power under the Ditadura Nacional ("National Dictatorship"), he reframed the regime as the corporatist Estado Novo ("New State ...