{
  "title": "Portugal: Staff Report for the 2002 Article IV Consultation",
  "publication": "IMF Staff Country Reports, April 9, 2003",
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  "summary": "This 2002 Article IV Consultation on Portugal highlights that after an extended strong economic expansion, the GDP growth stalled in 2002 and, at 0.5 percent, fell below the euro area average for the first time in almost a decade.",
  "sections": [
    {
      "heading": "Main findings on economic performance",
      "content": "- After an extended strong economic expansion, GDP growth stalled in 2002 and, at 0.5 percent, fell below the euro area average for the first time in almost a decade.\n- The growth slowdown reflected a broad-based decline in domestic demand as households began to adjust to high indebtedness levels and a deteriorating employment outlook.\n- Investment continued to fall amid slowing demand prospects and rising global and domestic uncertainty.\n- The weakness in domestic demand led to a decline of imports."
    },
    {
      "heading": "Fiscal and balance-sheet related topics covered",
      "content": "- Subject areas listed: Asset and liability management, Asset management, Expenditure, Fiscal consolidation, Fiscal policy, Fiscal stance, Public debt.\n- Keywords emphasizing fiscal and financial themes: Asset management, asset sale, CR, credit growth, deficit, deficit estimate, estimate, Europe, Fiscal consolidation, Fiscal stance, GDP, Global, IMF to the public, IMF's assessment, indebtedness level, ISCR, outturn."
    },
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      "content": "- Publication title: Portugal: Staff Report for the 2002 Article IV Consultation\n- Publication date: April 9, 2003\n- Pages: 46\n- Volume: 2003\n- Issue: 099\n- Series: Country Report No. 2003/099\n- DOI: https://doi.org/10.5089/9781451832150.002\n- Stock No: 1PRTEA0012003\n- ISBN: 9781451832150\n- ISSN: 1934-7685\n- The IMF eLibrary \"offers over 25,000 IMF publications in multiple formats.\"\n\nInternational Monetary Fund. \"Portugal: Staff Report for the 2002 Article IV Consultation\", IMF Staff Country Reports 2003, 099 (2003), accessed 9/11/2026, https://doi.org/10.5089/9781451832150.002\n\n---\n\n Content in this bundle\n\n- cr0399\n  - cr0399 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr0399 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: April 9, 2003",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451832150.002",
    "After an extended strong economic expansion, GDP growth stalled in 2002 and, at 0.5 percent, fell below the euro area average for the first time in almost a decade.",
    "The growth slowdown reflected a broad-based decline in domestic demand as households began to adjust to high indebtedness levels and a deteriorating employment outlook.",
    "Investment continued to fall amid slowing demand prospects and rising global and domestic uncertainty.",
    "The weakness in domestic demand led to a decline of imports.",
    "Subject areas listed: Asset and liability management, Asset management, Expenditure, Fiscal consolidation, Fiscal policy, Fiscal stance, Public debt.",
    "Keywords emphasizing fiscal and financial themes: Asset management, asset sale, CR, credit growth, deficit, deficit estimate, estimate, Europe, Fiscal consolidation, Fiscal stance, GDP, Global, IMF to the public, IMF's assessment, indebtedness level, ISCR, outturn.",
    "Publication title: Portugal: Staff Report for the 2002 Article IV Consultation",
    "Publication date: April 9, 2003",
    "Pages: 46",
    "Volume: 2003",
    "Issue: 099",
    "Series: Country Report No. 2003/099",
    "DOI: https://doi.org/10.5089/9781451832150.002",
    "Stock No: 1PRTEA0012003",
    "ISBN: 9781451832150",
    "ISSN: 1934-7685",
    "The IMF eLibrary \"offers over 25,000 IMF publications in multiple formats.\"",
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