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Portugal Staff Report for the 2000 Article IV Consultation

Portugal showed impressive economic performance owing to its macroeconomic policies and structural reforms. Executive Directors commended the authorities for their stability-oriented policies, low inflation, and declining fiscal deficits. Nonetheless, economic policies needed to address signs of eme...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2000
Series:IMF Staff Country Reports
Subjects:
Credit
Public Debt
Current Account
Short-term Capital Movements
Public Finance & Taxation
Monetary Economics
Debt Management
Current Account Adjustment
Debts, Public
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Balance Of Payments
Debt
Exports And Imports
International Economics
Money
National Government Expenditures And Related Policies: General
Expenditure
Sovereign Debt
Expenditures, Public
Macroeconomics
Monetary Policy
Budgeting & Financial Management
Taxation
Public Finance
Money And Monetary Policy
Current Account Deficits
Portugal
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Portugal showed impressive economic performance owing to its macroeconomic policies and structural reforms. Executive Directors commended the authorities for their stability-oriented policies, low inflation, and declining fiscal deficits. Nonetheless, economic policies needed to address signs of emerging macroeconomic imbalances, including the brisk growth of private sector credit, tight labor markets, and a persistent inflation differential in relation to other euro area countries. Moreover, an acceleration of structural reforms and further fiscal consolidation would be essential for a rapid and sustained convergence to European Union income levels
Physical Description:47 pages
ISBN:9781451832136

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