国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

IMF trims Portugal's 2018 economic growth

Source: Xinhua| 2018-09-14 06:04:47|Editor: yan
Video PlayerClose

LISBON, Sept. 13 (Xinhua) -- The International Monetary Fund (IMF) on Thursday revised down its estimate for Portugal's gross domestic product GDP growth in 2018 to 2.3 percent, which is in line with the government's forecast.

The IMF said in a report that Portugal's economic growth is expected to moderate this year after robust growth in 2017 driven by investment and exports.

The IMF has lowered its 2018 forecast from the 2.4 percent it projected in April, and it is now in line with the figures in Portuguese government's Stability Program 2018-2022.

For next year, however, the IMF is less optimistic than the government, projecting the country's GDP growth of just 1.8 percent if significant economic reforms are not adopted.

"Investment and exports should remain important drivers of growth, albeit at a slower pace, while private consumption eases somewhat," the report said.

"Employment growth is expected to decelerate, and the labor market should continue tightening in 2018, with average unemployment declining below 7.5 percent, supporting moderate real wage growth.

The IMF estimated that in 2018, Portugal's external balance will deteriorate due to the growth of imports and that the budget deficit will shrink further, helping to reduce public indebtedness as a percentage of GDP, although the trajectory of public debt "remains subject to significant risks".

Portugal's deficit is set to be 0.7 percent of its GDP in 2018 and debt 121 percent at the end of the year, down from 126 percent in 2017, the IMF said.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
主站蜘蛛池模板: 太仆寺旗| 广灵县| 贡嘎县| 林西县| 甘德县| 满城县| 道真| 景谷| 六枝特区| 安庆市| 汾西县| 壤塘县| 铁岭市| 精河县| 宝兴县| 磐石市| 三门峡市| 鸡西市| 德昌县| 察哈| 同江市| 阜康市| 叶城县| 呼伦贝尔市| 巴青县| 九台市| 凤城市| 祁门县| 韶山市| 治县。| 太康县| 会理县| 襄城县| 东台市| 房产| 广南县| 泰兴市| 温泉县| 镇赉县| 绥德县| 泽州县|