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Portugal Staff Report for the 2003 Article IV Consultation

Portugal achieved progress in containing the fiscal deficit, strengthening financial sector resilience, and structural reforms. Executive Directors commended the efforts to contain the fiscal deficit in line with the requirements of the Stability and Growth Pact. They encouraged the authorities to i...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2004
Series:IMF Staff Country Reports
Subjects:
Fiscal Stance
Depository Institutions
Public Debt
Banks
Finance
Labour; Income Economics
Public Finance & Taxation
Industries: Financial Services
Financial Institutions
Debt Management
Debts, Public
Micro Finance Institutions
Fiscal Policy
Debt
Asset And Liability Management
Mortgages
International Economics
Labor
National Government Expenditures And Related Policies: General
Expenditure
Sovereign Debt
International Financial Markets
Asset Management
Loans
Asset-liability Management
Expenditures, Public
Macroeconomics
Financial Risk Management
Public Finance
Portugal
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Portugal achieved progress in containing the fiscal deficit, strengthening financial sector resilience, and structural reforms. Executive Directors commended the efforts to contain the fiscal deficit in line with the requirements of the Stability and Growth Pact. They encouraged the authorities to implement the recommendations of the fiscal Report on the Observance of Standards and Codes (ROSC) and to move toward comprehensive multiyear budget targets. They underscored that a sustainable economic recovery hinges on strengthening competitiveness and on coping with the effects of euro appreciation
Physical Description:47 pages
ISBN:9781451832167

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