European Parliament Library

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

Abstract
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
Table Of Contents
Cover; CONTENTS; INTRODUCTION; ECONOMIC AND FINANCIAL DEVELOPMENTS AND OUTLOOK; A. Recent Developments; B. Outlook; ADVANCING FISCAL CONSOLIDATION; A. Recent Fiscal Developments; B. Policy Discussions; BOOSTING COMPETITIVENESS AND GROWTH; A. Background; B. Policy Discussions; C. Background; D. Policy Discussions; SAFEGUARDING FINANCIAL STABILITY; A. Recent Financial Developments; B. Policy Discussions; FINANCING, RISKS, AND PROGRAM MODALITIES; STAFF APPRAISAL; BOXES; 1. External Adjustment and the Consumption Overhang; 2. Halting Arrears in the Health Sector
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (88 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781475517026

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