Draft State Budget Law for 2025

On 10 October 2024, the Government submitted the State Budget Bill for 2025 (Draft Law 264/XXIV/2024 - “SB25 Bill”) to the Portuguese Parliament.

Its main objectives are economic growth and maintaining balanced public finances. The report published by the government describes the 2025 State Budget as an essential tool for reducing the tax burden on individuals and companies. At the same time, it is intended to guarantee budget surpluses that will allow the public debt to continue to be reduced in a sustainable manner.

With this budget, the government aims to strengthen investment in strategic areas, increase productivity and competitiveness, and ensure the protection of future generations.