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The Ministry of Finance has its origins on the Comptrollerships of the Exchequer (vedorias da Fazenda) created in the 14th century to run the State's financial affairs. After 1584, the comptrollerships are replaced by the Council of the Court of the Exchequer (Conselho do Tribunal da Fazenda). In 1761, the Royal Treasury (Erário Régio) is ...
The economy's growth has been accompanied by a continuous fall in the unemployment rate (6.3% in the first quarter of 2019, compared with 13.9% registered in the end of 2014). The government budget deficit has also been reduced from 11.2% of GDP in 2010 to 0.5% in 2018.
Decree-Law No. 142-A/91, of 10 April (inception of CMVM in portuguese) Website. www.cmvm.pt. The Portuguese Securities Market Commission, also known by its initials as "CMVM", is the Portuguese financial regulator that supervises and regulates securities and other financial instruments and activities of all those who operate within said markets.
That drove an investment boom in Portugal, which generated €7.3 billion (around $7.6 billion) from the scheme between 2012 and 2023, according to data from the Portuguese Immigration and Border ...
LISBON (Reuters) -Economist Joaquim Miranda Sarmento was named Portugal's new finance minister on Thursday as President Marcelo Rebelo de Sousa approved the formation of a centre-right minority ...
While Leão was at Ministry of Finance, Portugal achieved in 2019 the first budget surplus of the 45 years of the country's democratic history. [6] During this period, between 2015 and 2022, Portugal was the second country in the EU that the decreased the most its budget deficit from 4,4% to 0,3% and the third country that decreased the most ...
Economic history of Portugal. The economic history of Portugal covers the development of the economy throughout the course of Portuguese history. It has its roots prior to nationality, when Roman occupation developed a thriving economy in Hispania, in the provinces of Lusitania and Gallaecia, as producers and exporters to the Roman Empire.
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