Portugal’s budget surplus rose to 1% of gross domestic product in the first nine months of 2019 from 0.4% a year earlier, the National Statistics Institute said on Monday, Trend with reference to Reuters reports.
The government’s official target for this year is still a deficit of 0.1%. Last year, the deficit for the whole year was 0.4% - the lowest in more than four decades and marking a sharp improvement in the country’s financial position from its 2011-14 debt crisis.