01821cas a2200241 a 4500 AALejournalIMF018763 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484375921 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Portugal : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Portugal. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (65 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 2018 Article IV Consultation highlights that following robust growth in 2017, driven by investment and exports, activity in Portugal is expected to moderate in 2018. Unemployment continues to fall on the back of sustained employment growth. Credit growth continues to lag the recovery in economic activity, as banks repair their balance sheets. However, rising capital ratios, falling rates of non-performing loans and lower impairments meant that the resilience of banks improved significantly in 2017. Further improvement is expected in 2018. Nevertheless, no significant acceleration in credit growth is expected, and the economy should continue deleveraging its external balance sheet. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/273 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/273/002.2018.issue-273-en.xml IMF e-Library