IMF predicts Portual’s GDP growth at 1.2%

IMF predicts Portual’s GDP growth at 1.2%


According to the International Monetary Fund’s (IMF) fall forecasts, Portugal's economic growth this year will be 1.2 percent, Portugal Post reported. In its World Economic Forecasts report, the IMF said it expected the Portuguese economy to grow by 1.2 percent this year, or 0.4 percentage points more than it forecast in April, in its spring forecasts. This rate is half of the rate the IMF expects for the Eurozone, with Portugal diverging in real terms from single-currency countries for the fift...


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