01660cas a2200241 a 4500 AALejournalIMF003848 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451832198 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Portugal : Staff Report for the 2005 Article IV Consultation. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (52 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 The staff report for the 2005 Article IV Consultation on Portugal highlights economic developments and outlook. Private consumption has proven resilient, reflecting low interest rates and lengthening tenors on bank lending, while investment and export growth remained weak. Executive Directors concurred that in an unfavorable context marked by large fiscal and external imbalances, slow growth, and a weak competitive position, the challenge confronting the Portuguese government is to create the conditions to restart Portugal's per capita income convergence toward the euro area average as soon as possible. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2005/375 Full text available on IMF http://elibrary.imf.org/view/journals/002/2005/375/002.2005.issue-375-en.xml IMF e-Library