In the spring economic forecasts, the community executive predicts growth in the Portuguese Gross Domestic Product (GDP) of 1.7% this year and 1.9% in 2025, an upward revision compared to 1.2% in 2024 and 1.8% in 2025 expected in the February report.
Brussels thus appears to be more optimistic for this year than the Portuguese Government, which in the Stability Program included a growth rate of 1.5% this year, while the Bank of Portugal (BdP) predicts a GDP expansion of 2%, the International Monetary Fund (IMF) 1.7% and the Public Finance Council (CFP) and the Organization for Economic Cooperation and Development 1.6%.