The Portuguese Government reacted to the upgrade of Portugal's rating by a financial rating agency, considering that it represents "another step in credibility and confidence" in the country. The rating upgrade was interpreted as a validation of the economic and financial path that has been followed.
The Executive stated that this decision constitutes "a confirmation of this path," suggesting that the rating agency recognizes the efforts of fiscal consolidation and the reforms implemented. The Government highlighted that the improvement in the rating reflects the growing confidence of markets and international institutions in the Portuguese economy.
This rating upgrade comes in a context of economic recovery and improvement in Portugal's financial indicators, reinforcing the country's image among international investors. The rating agency's decision constitutes an external recognition of the trajectory the country has been following.
