publication . Article . Preprint . 2011

Portugal: Request for a Three-Year Arrangement Under the Extended Fund Facility

International Monetary Fund;
Open Access
  • Published: 07 Jun 2011 Journal: IMF Staff Country Reports, volume 11, page 1 (issn: 1934-7685, Copyright policy)
  • Publisher: International Monetary Fund (IMF)
Abstract
Portugal's economy faced severe crisis during the global economic and financial crisis. In this context, Portugal's authorities have put forward an economically well-balanced program that will focus on structural reforms to boost growth and employment, ensure balanced fiscal sustainability, safeguard financial stability, and prevent a credit crunch. The Executive Board of the International Monetary Fund welcomed this step, and approved a three-year arrangement under the Extended Fund Facility for Portugal.
Subjects
free text keywords: Portugal;external debt, public debt, current account, government deficit, budget law
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publication . Article . Preprint . 2011

Portugal: Request for a Three-Year Arrangement Under the Extended Fund Facility

International Monetary Fund;