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Madeira's PS Advocates for a 'New Autonomy' Amid Financial Law Delays

Madeira GuideMadeira Guide
July 19, 2026
3 min read

The Socialist Party of Madeira calls for a 'New Autonomy' to improve living conditions on the island while criticizing delays in revising the Regional Finance Law.

During a solemn session commemorating the 50th anniversary of the Madeira Legislative Assembly, the Socialist Party (PS) advocated for a 'New Autonomy' aimed at enhancing the quality of life for residents of Madeira and Porto Santo. The party criticized the persistent delays in revising the Regional Finance Law, which is crucial for the financial governance of the autonomous regions.

PS leader Paulo CafĂ´fo emphasized the need for an autonomy that is closer to the people, addressing their immediate concerns and improving economic conditions. He highlighted the importance of updating the financial framework to better reflect the current needs of the region.

CafĂ´fo also expressed solidarity with the Madeiran community in Venezuela, acknowledging the challenges they face and reiterating the party's commitment to supporting Madeirans abroad.

The call for a 'New Autonomy' comes as Madeira continues to navigate complex financial and social challenges, necessitating a robust and responsive legislative framework. The PS insists on a more assertive approach in negotiating the terms of the financial law, ensuring it aligns with the strategic objectives of the region.

'The truly great institutions do not live only from the memory they preserve. They live from the trust they inspire.'

— Romina Barreto

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Madeira Guide

Madeira Guide

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