Infographics | Pandemic brought deficit ghost

The road was on its way, but the pandemic brought a tsnunami to public accounts. After a budgetary surplus last year - earlier than expected by the Government - the deficit-to-GDP ratio is expected to reach the highest percentage since 2014, the year BES resolved. For 2021, the Government already estimates the budget deficit to be 4,3% of GDP, an improvement of 3 pp of GDP compared to 2020.

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