Government hides total cost of frigates: Defense and Finance won't reveal the value of the interest
Politics

Government hides total cost of frigates: Defense and Finance won't reveal the value of the interest

Sábado31 August 2026 at 12:35

The Portuguese Government is not revealing the total cost of the frigates, specifically with regard to the value of the interest associated with the acquisition. The Ministries of Defense and Finance are involved in the issue, but neither ministry is providing the requested information.

The two ministries are deflecting questions to each other, instead of directly answering about the interest values. This situation raises questions about the transparency of the real costs of the frigate program for the Portuguese State.

The article suggests there is a lack of clarity on the part of the executive regarding the total costs of the frigate acquisition, particularly concerning the financial component and the interest involved in the contract.

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