Portugal's parliament in 2018 approved a budget plan for 2019 that includes tax breaks for returning emigrants in a bid to lure back those who left during the financial crisis of 2007–2008. The expansionary 2019 budget, backed by a left-wing majority in parliament, also aims to boost the purchasing power of households while cutting the already low deficit even further. Returning emigrants will be allowed to declare only half their taxable income for five years if they return, provided they lived abroad for at least three years. The "Return Programme" is to run for two years. Around 500,000 residents left Portugal between 2010 and 2015 after the Great Recession. Although some 350,000 have since returned, Lisbon wants to tempt the rest to come home – in a similar scheme to the Irish one. Portugal has approved a credit line for Portuguese emigrants aiming to invest in the country on their return. Furthermore, Emigrants returning in 2019 and 2020 will see their taxes halved as part of the stimulus to bring native Portuguese back and revitalize the population and promote continued economic growth – as Portugal struggles with a low birth rate and an ageing population. According to projections by the national statistics office, Portugal's population will fall to 7.7 million by 2080 from 10.3 million now and the population will continue to age.