Stability Amid Scrutiny: Montenegro's Cabinet Stands Firm
Portugal's President has accepted Luis Montenegro's proposal to keep key ministers in the new government cabinet after Montenegro's centre-right alliance won a snap election but failed to gain a working majority. The new cabinet signals policy continuity, with promises to tackle taxation, immigration, and housing issues.
Portugal's political scene has been marked by continuity, as President Marcelo Rebelo de Sousa approved Prime Minister Luis Montenegro's cabinet, which retains most key ministers. This decision follows Montenegro's centre-right alliance's win in a snap election, although it didn't achieve a working majority.
Despite failing to win a vote of confidence earlier, Montenegro, first taking office in March 2024, proposed Joaquim Miranda Sarmento to remain as Finance Minister, along with Maria da Graca Carvalho and Paulo Rangel retaining their roles in Environment and Energy, and Foreign Affairs respectively.
A new ministerial position merging economy and territorial cohesion will be led by Manuel Castro Almeida, suggesting a focus on coordinated economic growth. Montenegro has committed to reducing taxes for younger demographics and businesses, managing immigration, and solving the housing crisis, offering reassurance of stability amid political scrutiny.
(With inputs from agencies.)
ALSO READ
Former Greek Finance Minister Faces Drug Use Charges: A Political Controversy
No Merger Roadmap for Public Banks: Finance Minister Sitharaman
Rising Gold Prices Under Global Scrutiny: Finance Minister Addresses Concerns
Chhattisgarh Finance Minister OP Choudhary presents budget of Rs 1.72 lakh crore for 2026-27 in state assembly.
South Sudan president fires finance minister after just 3 months in office

