After a Council of Ministers meeting, Prime Minister Luís Montenegro announced measures targeting sectors in crisis, including fuel for professional use and housing.
He emphasized Portugal's position as an economic benchmark in Europe, highlighting its early response to rising fuel prices. A 20-cent diesel and 16-cent petrol reduction is already in place, with an additional 10-cent support for professional diesel users until June.
Extraordinary support was also announced for agriculture, forestry, and fisheries, as well as volunteer firefighters and taxi companies.
The government also approved housing reforms, including tax incentives for rental properties, reduced VAT on home renovations, and exemptions from capital gains tax on home sales used for moderate rentals.
A new legal framework for urban development aims to streamline construction processes and increase housing supply.
Montenegro stressed the need to balance support with fiscal responsibility, avoiding public account imbalances.