01827cas a2200241 a 4500 AALejournalIMF011997 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475506259 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Portugal : Fourth Review Under the Extended Arrangement and Request for a Waiver of Applicability of End-June Performance Criteria: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Portugal. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (118 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 This paper discusses findings of the fourth review under an Extended Fund Facility Arrangement with Portugal. One year into the program, the authorities are making progress in reducing economic imbalances. The delicate balance between orderly deleveraging and improving competitiveness also remains in place. A turnaround in investor sentiment has nonetheless proved elusive, reflecting the formidable challenges that remain. Bank deposits remain stable and funding continues to be supported by euro system lending. Market sentiment has improved, although spreads remain high and volatile. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2012/179 Full text available on IMF http://elibrary.imf.org/view/journals/002/2012/179/002.2012.issue-179-en.xml IMF e-Library