The projections that the Government presented to Parliament on the impact that the pensions update formula – which the Executive will not apply – would have on the sustainability of Social Security point to an aggravation of the balance through expenditure, but completely ignore the evolution of the revenue, which is well over budget this year. According to calculations by economist Armindo Silva for Negó…
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Source: Jornal de Negócios by www.jornaldenegocios.pt.
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