On 2 April 2026, The Plenary Sitting of the Chamber of Deputies has approved an amendment to Law No. 29/2017 governing long-term savings, underscoring the need for savings schemes to play a more dynamic role in national development, particularly by supporting citizen-driven investments that contribute to economic growth.

During the session, MPs emphasised that the reform is designed to make the savings scheme more responsive to national development priorities. By unlocking a portion of these funds, the amendment aims to encourage citizen-driven investments that can stimulate economic growth and broaden financial inclusion.

The amendment marks a strategic shift in the role of savings, from a purely future-oriented safety net to an active instrument for present-day economic empowerment. It introduces a provision allowing contributors to access up to 30% of their accumulated savings to finance personal development and investment initiatives.

The move reflects a broader policy direction focused on leveraging domestic resources to support development while maintaining the long-term sustainability of savings systems