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Economy grows well, but families and companies with growing difficulties

The favorable macroeconomic performance does not seem to be reflected in a sufficiently significant improvement in household disposable income. Professor of Economics at ISEG The monthly budget execution summary published by the DGO at the end of November reveals that the balance of Public Administrations in public accounting fell from +5.2 billion euros in the first 9 months of the year to +2.4 thousand million euros in the first ten months of the year. In October, the bulk of the family income support package estimated by the Government at around 2.4 billion euros was paid, namely half pension to pensioners on account of the 2023 pension. [Additional Text]: Ricardo Cabral Ricardo Cabral