Why Portugal's 2027 budget is safe before the debate even starts
The Socialist Party (PS) confirmed on 21 October that it will abstain in the first-reading vote on the 2027 State Budget, debated on 27 and 28 October. With its 58 MPs out of the count, the governing AD's 91 seats are enough: even if every other party votes against, they total 81.
Portugal’s 2027 State Budget goes into its first-reading debate on 27 and 28 October with approval all but certain. On Wednesday 21 October the Socialist Party’s national political committee confirmed a “total consensus” behind José Luís Carneiro’s proposal to let the budget through by abstaining.
Party spokesman André Moz Caldas was careful to say the abstention is neither a blank cheque nor a move towards Luís Montenegro’s government. The argument is stability. Portugal has voted three times in the span of one normal parliament, and the PS reckons few people would understand another election halfway through this one.
The arithmetic
In the first-reading vote, what matters is whether more MPs vote for than against. Abstentions do not count either way.
On the seat split from the May 2025 election, the governing AD (PSD and CDS) has 91 MPs. If the PS’s 58 abstain, that leaves 81 seats elsewhere in the chamber: Chega 60, IL 9, Livre 6, PCP 3, BE 1, PAN 1 and JPP 1. Even if every one of them votes no, the result is 91 to 81.
So once the PS abstains, no other party’s vote changes the outcome. Chega has not announced its position, and IL has said a vote against is very likely. Livre and the PCP have both attacked the proposal. None of that is enough to sink it.
What is still open
The first reading is only the first gate. Next comes the committee stage, where the budget is amended line by line, and the final vote is set for 24 November. The PS says it will keep abstaining in that final vote barring something unexpected, and that it wants answers on whether every Recovery and Resilience Plan project continues and on the money to repair storm damage.
That is where the Socialists’ leverage counts, on a document that already had €4.8 billion committed before it even existed, between pensions, civil service pay and interest on the debt.
Image: Partido Socialista