IMF Staff Country Reports

Portugal : 2017 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Portugal

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

September 15, 2017

Electronic Access:

Link to Table of Contents

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Portugal has made notable progress over the past year in reducing uncertainty over near-term risks. Strong efforts to contain spending and meet last year’s headline fiscal deficit allowed Portugal to exit the Excessive Deficit Procedure, while stability and confidence in the banking system have improved following successful efforts to raise capital. Improved market sentiment regarding Portugal’s near-term prospects has contributed to a sharp narrowing in sovereign debt spreads since mid-March.

Series:

Country Report No. 17/278

Subject:

Article IV consultation reports Balance of payments statistics Banking sector Debt sustainability analysis Economic growth Economic indicators Financial sector Fiscal policy Fiscal reforms Portugal Press releases Staff reports