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S&P affirms Portugal ‘A+’ credit rating citing economic resilience

The decision reflects the resilience of the national economy and a sustained reduction in public debt, as the rating agency highlights sound fiscal management as a key factor for the positive outlook

Platform with Xinhua

The assessment, released last Friday, underscores the expectation that Portugal will continue to reduce net public debt amid robust economic growth. This outlook relies on the government’s ability to maintain fiscal discipline in the coming years.

S&P Global Ratings (S&P) projects that the Gross Domestic Product (GDP) will rise to 2.2 per cent in 2026, according to Xinhua. The agency cited this growth trajectory as supporting the rating affirmation.

Credit ratings serve as essential assessments of credit risk, significantly influencing financing conditions for countries and companies. The maintenance of the ‘A+’ rating signals stability to international investors and markets.

Read more: Portugal should resist pressures to reduce relations with China, warns Martins da Cruz

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