It was just announced by the Portuguese Government, that the Council of Ministries scheduled for March 16th and in which the final draft of the proposal “Mais Habitação” would be discussed was postponed to March 30th, 2023.

The new date is related to the fact that the Executive would like to wait for the opinion of the Portuguese Municipalities regarding the proposal that was presented for public discussion, and the fact that that veridict can only be given by March 21st, 2023.

As a result of the change of date of the Council of Ministries, the  Government have also decided to change the date for the public discussion to March 24th, 2023.

From IAS’s side, we believe that this change is a good indication that the Government really wants to listen to the opinion of all stakeholders regarding this matter and to include all the feedback collected in the final draft.

We will continue to monitor the situation as closely as possible, keeping investors and partners informed of any developments while remaining available for any clarifications needed.

Thank you for your attention to this matter.