Follow Portugal immigration and stay updated on Portugal's economic developments: The Portuguese Parliament preliminarily approved the 2014 budget on the 1st, with the ruling coalition parties, the Social Democratic Party and the People's Party, which hold a majority of 130 seats, voting in favor. Out of 230 seats, 225 members voted, including 106 from the Social Democratic Party, 24 from the People's Party, 71 from the Socialist Party, 14 from the Communist Party, 8 from the Left Bloc, and 2 from the Green Party.
Following the preliminary approval of the budget, it will undergo a two-week detailed discussion with various department ministers. On November 21, 22, and 25, all members of parliament will conduct detailed discussions, with the final vote scheduled for the 26th to complete the legislative process.
Once the 2014 budget draft receives final parliamentary approval, it will be signed by Portuguese President Silva and submitted to the Constitutional Court for a ruling on its constitutionality. The act will officially take effect on January 1 of next year.