National health service debt halved by year end


The Portuguese Ministry of Health expects to close the year with total outstanding debt of €1.5 billion, a total deemed “historically low” by State Secretary Manuel Teixeira in a parliamentary debate Monday.

National health service debt halved by year end

Teixeira said that the Portuguese health service would thus have halved its debt level since the end of 2011 when some €3 billion was owed. In terms of the level of already matured debts, the state secretary stated that health services had delayed payments on some €1.014 billion at the end of the third quarter of this year but the ministry hoped to get this down to €600 million by the end of the year.

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