Portugal : Staff Report for the 2003 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

March 22, 2004

Electronic Access:

Free Full Text (PDF file size is 1557 KB).Use the free Adobe Acrobat Reader to view this PDF file

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.

Series:

Country Report No. 04/80

Subject:

English

Publication Date:

March 22, 2004

ISBN/ISSN:

9781451832167/1934-7685

Stock No:

1PRTEA0012004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

47

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