01653cas a2200241 a 4500 AALejournalIMF002933 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451832167 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Portugal : Staff Report for the 2003 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (47 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Portugal achieved progress in containing the fiscal deficit, strengthening financial sector resilience, and structural reforms. Executive Directors commended the efforts to contain the fiscal deficit in line with the requirements of the Stability and Growth Pact. They encouraged the authorities to implement the recommendations of the fiscal Report on the Observance of Standards and Codes (ROSC) and to move toward comprehensive multiyear budget targets. They underscored that a sustainable economic recovery hinges on strengthening competitiveness and on coping with the effects of euro appreciation. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2004/080 Full text available on IMF http://elibrary.imf.org/view/journals/002/2004/080/002.2004.issue-080-en.xml IMF e-Library