Portugal: 2007 Article IV Consultation: Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by Executive Director for Portugal
Electronic Access:
Free Download. Use the free Adobe Acrobat Reader to view this PDF file
Summary:
This 2007 Article IV Consultation highlights that a modest recovery is finally under way in Portugal. Growth rose to 1.3 percent in 2006, led by strong external demand, which is driving a notable rebound in export growth. In response, corporate investment shows signs of strengthening, but overall domestic demand remains relatively weak. Real GDP growth is projected to strengthen to about 1.8 percent in 2007 and 2008. Portugal’s financial system remains sound and well supervised, and appears to have weathered the recent tensions in financial markets relatively well, though risks remain.
Series:
Country Report No. 2007/341
Subject:
Competition Financial markets Fiscal policy Fiscal stance Labor Labor costs Labor markets Public debt
English
Publication Date:
October 11, 2007
ISBN/ISSN:
9781451832280/1934-7685
Stock No:
1PRTEA2007006
Pages:
57
Please address any questions about this title to publications@imf.org