The Portuguese government approved the “Accelerate the Economy” programme.

The Council of Ministers approved the Accelerating the Economy – Growth, Competitiveness, Internationalisation, Innovation and Sustainability programme, with 60 fiscal and economic measures designed to respond to challenges to accelerate the economy’s growth.

Total expenditure on Research & Development reaches a new record in 2022

The publication of the provisional results of the Survey of National Scientific and Technological Potential 2022 (IPCTN Provisional Results 2022) reveals that total expenditure on Research and Development (R&D) in Portugal reached a new record of 4,134 million euros in 2022. This figure now represents 1.73% of GDP (compared to 1.68% in 2022), showing an increase in R&D expenditure as a function of GDP for the seventh consecutive year.
Source: Portal do Governo