The head of the Public Finance Council, Nazaré da Costa Cabral, warned that “the health sector occupies 13% of total state expenditures.”
The Governor of the Bank of Portugal said today, Wednesday, that he has doubts about a shortage of funds allocated to health, noting that spending on social networks has increased from 8.5 billion euros in 2015 to 15 thousand euros in 2022.
Mario Centeno said: “Health spending in Portugal, in the social security system, has risen from 8.5 billion euros in 2015 to 15 billion euros in 2022. Then I can say that I have some doubts that there is a shortage of funds, not to mention a lot of “Doubts.” During the presentation of the October Economic Bulletin in Lisbon.
In response to a question about investing in health, the former Finance Minister considered that everyone needed to think “broadly” and “calmly” about the issue “and act,” while maintaining budget balances.
For Mario Centeno, if an increase in investment in this area is what the country “takes”, it will be necessary to “have the means to pay for it and make decisions at the same time.”
In July, the head of the Public Finance Council, Nazaré da Costa Cabral, warned in an interview with Lusa that “there is something” that also “needs to be thought about, it is not enough just to increase spending.” .
“We see that the health sector has witnessed tremendous growth in spending in recent years. It currently occupies about 13% of total state expenditures. This is already a very large share,” he stressed, before highlighting that “this has not translated into an improvement in the provision of public services.”
For the head of the CFP, “It is not enough to believe that distributing more money, allocating more expenditures and increasing spending, that in itself leads to improved public service.”
“We don’t have tools that are able to appropriately prioritize spending, where the state should be, and where perhaps it shouldn’t be or should be less,” he warned.
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