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

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

Volume/Issue: 2011/127

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 June 2011

DOI: http://dx.doi.org/10.5089/9781455277537.002

ISBN: 9781455277537

Keywords: external debt, public debt, current account, government deficit, budget law

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...

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.

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. »

Volume/Issue: 2012/77

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 April 2012

DOI: http://dx.doi.org/10.5089/9781475503067.002

ISBN: 9781475503067

Keywords: government debt, government deficit, public debt, current account, budget law

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, privatizatio...

República de Moçambique
			: Relatório do Corpo Técnico sobre a Terceira Avaliação ao Abrigo do Instrumento de Apoio à Política Económica e Pedido de Modificação de Critérios de Avaliação-Relatório do Corpo Técnico, Comunicado de Imprensa

República de Moçambique : Relatório do Corpo Técnico sobre a Terceira Avaliação ao Abrigo do Instrumento de Apoio à Política Económica e Pedido de Modificação de Critérios de Avaliação-Relatório do Corpo Técnico, Comunicado de Imprensa »

Volume/Issue: 2011/350

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 December 2011

Language: Portuguese

DOI: http://dx.doi.org/10.5089/9781463928582.002

ISBN: 9781463928582

Keywords: debt service, external debt, fiscal policy, budget law, current account, public debt, debt sustainability, budget support, debt service payments, domestic financing

In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...

Russian Federation
			: Staff Report for the 2000 Article IV Consultation

Russian Federation : Staff Report for the 2000 Article IV Consultation »

Volume/Issue: 2000/145

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 November 2000

DOI: http://dx.doi.org/10.5089/9781451832983.002

ISBN: 9781451832983

Keywords: debt, budget, balance of payments, revenues

Macroeconomic developments have been very favorable since early 1999, strengthening in important areas lately. Real GDP has more than recovered from the recession that followed the 1998 crisis and the recovery is g...

São Tomé and Príncipe
			: Staff Report for the 1999 Article IV Consultation and Request for an Arrangement Under the Poverty Reduction and Growth Facility

São Tomé and Príncipe : Staff Report for the 1999 Article IV Consultation and Request for an Arrangement Under the Poverty Reduction and Growth Facility »

Volume/Issue: 2000/66

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 May 2000

DOI: http://dx.doi.org/10.5089/9781451834994.002

ISBN: 9781451834994

Keywords: debt, central bank, budget, article, external debt, Sao Tome and Principe,

In the fiscal area, the primary budget balance of São Tomé and Príncipe has turned around from a deficit of 2.2 percent of GDP in 1997 to a surplus of 0.7 percent of GDP in 1998 (Dobra 1.9 billion). The primary sur...

Default in Today's Advanced Economies
			: Unnecessary, Undesirable, and Unlikely

Default in Today's Advanced Economies : Unnecessary, Undesirable, and Unlikely »

Volume/Issue: 2010/12

Series: IMF Staff Position Notes

Author(s): Carlo Cottarelli , Paolo Mauro , Lorenzo Forni , and Jan Gottschalk

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2010

DOI: http://dx.doi.org/10.5089/9781455261307.004

ISBN: 9781455261307

Keywords: Debt restructuring, Developed countries, Budget deficits, Exchange rate adjustments, Public debt, Public finance, Sovereign debt, Interest rates, Fiscal adjustment, debt

This note summarizes the main arguments put forward by some market commentators who argue that default is inevitable, and presents a rebuttal for each argument in turn. Their main arguments focus on the size of the...

IMF Survey, Volume 37, Issue 09

IMF Survey, Volume 37, Issue 09 »

Volume/Issue: 37/9

Series: IMF Survey

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 25 September 2008

DOI: http://dx.doi.org/10.5089/9781451967968.023

ISBN: 9781451967968

Keywords: technical assistance, debt, member countries, budget, debt relief

Antoinette Sayeh interview, IMF clarifies surveillance process, Georgia loan, Olivier Blanchard interview, Africa's financial sector, EMU slowdown, EU transfers, sovereign wealth fund principles, United Kingdom out...

Prevention and Management of Government Arrears

Prevention and Management of Government Arrears »

Volume: 14

Series: Technical Notes and Manuals

Author(s): Suzanne Flynn , and Mario Pessoa

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 July 2014

DOI: http://dx.doi.org/10.5089/9781498313650.005

ISBN: 9781498313650

Keywords: Arrears, Public finance, Public financial management, commitment controls, government expenditure, treasury, expenditure, goods, stock, General

The accumulation of government expenditure arrears is one of the most common problems in public financial management. This technical note defines expenditure arrears and the different types of arrears that arise. T...

A Status Update on Fiscal Exit Strategies

A Status Update on Fiscal Exit Strategies »

Volume/Issue: 2010/272

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2010

DOI: http://dx.doi.org/10.5089/9781455210794.001

ISBN: 9781455210794

Keywords: pension, retirement, health care, retirement age, Structure and Scope of Government: Other, Taxation, Subsidies, and Revenue: General, National Government Expenditures and Related Policies: General, National Deficit Surplus

With a modest recovery in the global economy underway, and amid rising concerns about the sharp increase in government debt in several countries, debate has increasingly focused on the need to identify and implemen...

Assessing the Impact of a Change in the Composition of Public Spending
			: A DSGE Approach

Assessing the Impact of a Change in the Composition of Public Spending : A DSGE Approach »

Volume/Issue: 2007/168

Series: IMF Working Papers

Author(s): Ivan Tchakarov , and Roland Straub

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2007

DOI: http://dx.doi.org/10.5089/9781451867329.001

ISBN: 9781451867329

Keywords: Public consumption, DSGE models, private investment, private capital, competitive markets, budget constraint,

Despite intense calls for safeguarding public investment in Europe, public investment expenditure, when measured in relation to GDP, has steadily fallen in the last three decades, evoking fears that economic activi...