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

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

April 21, 2014

Electronic Access:

Free Full text (PDF file size is 2348 KB).Use the free Adobe Acrobat Reader to view this PDF file

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:

English

Publication Date:

April 21, 2014

ISBN/ISSN:

9781475517385/1934-7685

Stock No:

1PRTEA2014002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

87

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