Portugal : Staff Report for the 2008 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

October 3, 2008

Electronic Access:

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Summary:

Portugal’s 2008 Article IV Consultation highlights that Portugal’s financial system remains sound and well supervised. Portugal has accumulated substantial macroeconomic imbalances, and the policy challenge is to smooth the adjustment, containing domestic demand while increasing productivity and flexibility, thus rebalancing growth to the external sector. The weaker global conditions should thus be taken as a reason to strengthen efforts to reignite the stalled convergence process and continue fiscal consolidation and reform.

Series:

Country Report No. 08/323

Subject:

English

Publication Date:

October 3, 2008

ISBN/ISSN:

9781451832303/1934-7685

Stock No:

1PRTEA2008001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

58

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