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Albuquerque highlights economic growth and points to IRC at 12.6%
Politics
Economy
Madeira

Albuquerque highlights economic growth and points to IRC at 12.6%

SAPO Notícias15 September 2026 at 12:54

The president of the Regional Government of Madeira, Miguel Albuquerque, stated that the Autonomous region registers 64 consecutive months of economic growth. This declaration was made at the opening of the PSD Parliamentary Sessions, the party that governs the archipelago.

Albuquerque pointed to an IRC rate of 12.6%, referring to the effective contribution of taxes on companies in the region. The Madeiran leader also guaranteed the continuity of the tax reduction policy that has been implemented.

The PSD Parliamentary Sessions are taking place in Madeira, bringing together deputies and party officials to debate political and programmatic issues. This event comes at a time when Albuquerque reinforces the narrative of economic success of the region he governs.

Why this matters

Madeiran readers are directly affected by regional fiscal policy, since the reduction of IRC to 12.6% has an impact on local companies and the region's competitiveness. The claim of 64 consecutive months of economic growth serves as justification for the continuity of the regional government's measures.

About this summary

This is our short summary of a report published by SAPO Notícias on 15 September 2026 at 12:54; the full text stays with the publisher. In our feed it sits under Politics, and it concerns Madeira. We currently carry 30382 items in that section.

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