Portugal : third review under the extended arrangement and request for waiver of applicability of end-march performance criteria : staff report, staff statement, press release on the executive board discussion, and statement by the executive director for Portugal /
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Imprint: | Washington, D.C. : International Monetary Fund, 2012. |
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Description: | 1 online resource (1 volume (various pagings)) : color illustrations. |
Language: | English |
Series: | IMF country report ; no. 12/77 IMF country report ; no. 12/77. |
Subject: | |
Format: | E-Resource Book |
URL for this record: | http://pi.lib.uchicago.edu/1001/cat/bib/12500829 |
Summary: | This paper presents Portugal's third review under the extended arrangement and request for waiver of applicability of end-March performance criteria. The government has initiated labor market reforms, privatizations, telecom sector liberalization, and improved competition framework. Competitiveness indicators are showing some signs of improvement with wages declining in some sectors and a sizable improvement in the current account deficit in 2011. Although the banking system continues to be heavily reliant on euro system funding, the required adjustment in banks' balance sheets has started. |
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Physical Description: | 1 online resource (1 volume (various pagings)) : color illustrations. |
Bibliography: | Includes bibliographical references. |
ISBN: | 9781475533286 1475533284 1475580517 9781475580518 9781475503067 9781475509670 1475509677 1475503067 |