Author : OECD
Publisher : OECD Publishing
Page : 131 pages
File Size : 24,79 MB
Release : 2023-06-15
Category :
ISBN : 9264405690
The Portuguese economy has rebounded strongly from the COVID-19 crisis. Though high inflation and weak global economic conditions have slowed growth in 2022, renewed fiscal support helped to cushion the impact. Public debt relative to GDP has declined below its 2019 level, but rapid population ageing and strong investment needs are increasing fiscal pressures.