OECD Review of the Portuguese Public Finance Council (CFP)
Lisbon, 4 February 2019
The Portuguese Public Finance Council (CFP) was created in 2011 as part of a package of reforms to strengthen long-term fiscal sustainability and budget management in Portugal. This OECD review, commissioned at the Council’s initiative, comes towards the end of the term of its first leader.
The reviewers found that in a relatively short period of time, the CFP has become a well-regarded independent institution providing high-quality analysis of public finances in Portugal.
The report also identifies key challenges for the CFP and sets forth a series of recommendations to ensure its continued good performance and long run viability.