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Portugal Fifth Post Program Monitoring Discussions-Press Release; Staff Report; and Statement by the Executive Director for Portugal

The Fifth Post-Program Monitoring Discussions with Portugal highlight a welcome upturn in growth in the second half of 2016 after a sluggish first half, boosted by stronger exports and a further decline in unemployment to precrisis levels. These developments point to an improved near-term outlook, b...

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Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2017
Series:IMF Staff Country Reports
Subjects:
Depository Institutions
Credit
Commercial Banks
Public Debt
Public-private Enterprises
Banks
Finance
Public Finance & Taxation
Banks And Banking
Industries: Financial Services
Monetary Economics
Public Enterprises
Financial Institutions
Debt Management
Debts, Public
Monetary Policy, Central Banking, And The Supply Of Money And Credit: General
Fiscal Policy
Micro Finance Institutions
Fiscal Consolidation
Debt
Mortgages
Money
Sovereign Debt
Loans
Macroeconomics
Banking
Public Finance
Money And Monetary Policy
Portugal
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The Fifth Post-Program Monitoring Discussions with Portugal highlight a welcome upturn in growth in the second half of 2016 after a sluggish first half, boosted by stronger exports and a further decline in unemployment to precrisis levels. These developments point to an improved near-term outlook, but medium-term growth could be put on a more sustainable footing by reducing structural bottlenecks and high levels of corporate debt. The revised 2016 fiscal target appears likely to have been met, but prospective public outlays for banking sector recapitalization continue to weigh on public debt trends
Physical Description:49 pages
ISBN:9781475580198

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