Teixeira dos Santos, a former government official, criticized the timing chosen for the announcement of IRS tax relief and pension bonuses. Although he acknowledges that the measure is positive for Portuguese families, he questioned the timing with regard to the country's economic and fiscal policy.
The former official warned that the moment of the announcement is not the most appropriate from the point of view of economic and fiscal policies. His statements come in a context of debate about the appropriateness of the measures.
However, Teixeira dos Santos acknowledged that Portugal is today more robust to face turbulence in sovereign debt markets. This assessment contrasts with his criticism of the timing of the measures now announced.
The intervention of the former government official comes following the recently announced fiscal measures, which include IRS tax relief and bonus payments to pensioners, measures that have generated discussion about their political and economic appropriateness.
