Edition 1470
14 April 2018
Edition: 1470

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Portugal economy with strong growth

by TPN/Lusa, in News · 16-05-2017 07:38:00 · 0 Comments

The Portuguese economy posted growth of 2.8% in the first quarter of 2017, against the same period of last year. Compared to the previous quarter it grew by 1%, according to the National Statistics Institute (INE).

Portugal economy with strong growth

 

The Portuguese government has forecast growth for this year of 1.8%, according to the 2017-2021 Stability Programme presented in April.

 

The International Monetary Fund (IMF) in April raised its projections for the Portuguese economy in 2017, and now expects growth of 1.7% this year, compared to a previous projection of 1.1%, but slightly below the government forecast.

 

For 2018, the IMF expects Portuguese economic growth to slow to 1.5%, which is also less optimistic than the Portuguese government’s projection of 1.9% of GDP.

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Edition 1470
14 April 2018
Edition: 1470

Read this week's issue online exactly as it appears in print.

Twitter

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