Portugal : 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Portugal.

After a strong performance in 2017, economic activity has moderated. The second half of 2018 was marked by a deceleration, coinciding with weaker economic activity in Europe. The headline fiscal balance improved, with a small increase in the structural primary balance reflecting a strict budget exec...

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Détails bibliographiques
Collectivité auteur: International Monetary Fund. European Dept
Format: Revue
Langue:English
Publié: Washington, D.C. : International Monetary Fund, 2019.
Collection:IMF Staff Country Reports; Country Report ; No. 2019/221
Accès en ligne:Full text available on IMF
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520 3 |a After a strong performance in 2017, economic activity has moderated. The second half of 2018 was marked by a deceleration, coinciding with weaker economic activity in Europe. The headline fiscal balance improved, with a small increase in the structural primary balance reflecting a strict budget execution. The current account turned negative in 2018 in conjunction with a deterioration of the balance of trade in goods and services. Total credit to the nonfinancial private sector continued to decline in 2018. Nevertheless, over the last 4 years the Portuguese banking system has been strengthening its balance sheet and its performance. 
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830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2019/221 
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