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Deputies approve urgent hearing of former minister Fernando Medina
The Budget and Finance Committee approved today the urgent hearing of former Finance Minister Fernando Medina, current PS deputy, so that he can provide explanations on the reduction of public debt.
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Política Parlamento
The hearing was requested by the CDS-PP and was approved by all parliamentary groups present, including the PS.
Last week, at the party congress, the parliamentary leader of the CDS-PP announced this request, accusing the previous government, in which Fernando Medina was Minister of Finance, of having made an "artificial reduction" of the debt with "pension money".
Paulo Núncio said that the Budgetary Support Technical Unit (UTAO) "warned that the debt reduction carried out by the socialist government in 2023 was merely artificial" and that "it was only made at the expense of money from the Social Security Financial Stabilisation Fund and the General Retirement Fund".
Paulo Núncio considered this situation "extremely serious" and that the former minister must answer to parliament.
Last week, the UTAO warned that the reduction of the public debt in 2023 was "artificial" and that there are cases in which financial management options were conditioned by guidelines from the previous government.
The public debt ratio was set at 99.1% of Gross Domestic Product (GDP) in 2023 and in nominal terms decreased by 9.3 billion euros compared to the previous year, to 263.1 billion euros.
Read Also: Hearing of the Minister of Finance approved in Parliament (Portuguese version)
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