Portugal: Eleventh Review Under the Extended Arrangement, and Request for Extension of the Arrangement and Waivers of Applicability of End-March Performance Criteria

 
 
Publication Date: April 21, 2014
 
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Summary: This Eleventh Review Under the Extended Arrangement and Request for Extension of the Arrangement focuses on Portugal’s macroeconomic framework and fiscal policy. Sovereign bond yields have declined sharply, buoyed by the improved economic outlook and increased investor appetite for higher yielding southern European debt. The recent upturn in domestic demand remains susceptible to changes in market sentiment and any renewed policy uncertainty. The operational performance of state-owned enterprises continues to improve, while the privatization program advances.
 
Series: Country Report No. 14/102
Subject(s): Extended arrangement reviews | Economic recovery | Fiscal consolidation | Fiscal policy | Fiscal reforms | Banking sector | Bank supervision | Economic indicators | Debt sustainability analysis | Staff Reports | Press releases | Extended arrangement requests | Performance criteria waivers | Portugal

 
English
Publication Date: April 21, 2014
ISBN/ISSN: 9781475517385/1934-7685 Format: Paper
Stock No: 1PRTEA2014002 Pages: 87
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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