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Portuguese public accounts return to surplus in July, with improvements in tax revenue
Business

Portuguese public accounts return to surplus in July, with improvements in tax revenue

Jornal de Negócios31 August 2026 at 15:39

Portuguese public accounts returned to a surplus in July, after seven months of budget execution. The Ministry of Finance revealed a positive balance of 281.7 million euros.

This recovery is due to improvements in tax revenue. IRS showed accelerated growth, while IRC managed to reduce previously recorded losses.

The data refer to the first advance payments for 2026, which contributed to the positive result of public accounts in the period under analysis.

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