João Leão

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João Leão estimates that this year’s deficit will be between 4.5% and 5% of the GDP national budget in 2021

Finance Minister João Leão said this Tuesday evening that the deficit in the public accounts should be between 4.5% and 5% of gross domestic product (GDP) by 2021. In an interview with RTP3’s Tudo é Economia program, João Leão estimated that the negative balance of the public accounts this year, to be presented in the Stability Pact in April, will be between 4.5% and 5% of GDP and above the forecast value of 4.3%.
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