Portugal spends €1.68 billion to contain inflation: PM ...Middle East

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Portugal spends €1.68 billion to contain inflation: PM
LISBON: Portuguese Prime Minister Antonio Costa announced on Saturday that the government had spent €1.682 billion (US$1.713 billion) this year on measures to contain inflation, Xinhua reported.According to him, the money was used for “fiscal measures to control the rise in prices and support to contain production costs,“ as well as measures to help “the most vulnerable families and the most energy-dependent economic activities.”Speaking at the Socialist Party national meeting, in the city of Aveiro, Portuguese north coast, the head of government justified that it was necessary to dedicate this amount because the inflation grew to levels “never experienced in this generation”.The fiscal meas

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