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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 ...
After the peak of the pandemic in 2021, While Leão was Minister of Finance, Portugal was also among the first group of Euro area countries to reach a budget deficit below the European limit of 3%. Portugal's fiscal deficit fell from 5,8% in 2020 to 0.3% of GDP in 2022, significantly better than the budget deficit in the eurozone of 3.6% of GDP.
Taxation. 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.
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.
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 ...
Minister responsible. Santina Viegas Cardoso, Minister of Finance. Website. Ministry of Finance. Agency ID. MOF. Ministry logo. The Timor-Leste Ministry of Finance (MOF; Portuguese: Ministério das Finanças, Tetum: Ministeriu Finansas) is the government department of East Timor accountable for the government budget and public finances.
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 ...
Juvenal Maria de Fátima Inácio Sera Key [de] (1975) Michael Francino [de] (2000) Formation. 1975 / 2000. Website. Ministry of Finance. The Minister of Finance (Portuguese: Ministra das Finanças, Tetum: Ministra Finansas) is a senior member of the Constitutional Government of East Timor heading the Ministry of Finance.