Friday, August 7, 2015

There will be need for additional measures as called for IMF says Poiares Maduro – RTP

In the second report on Portugal after the departure of the troika, the International Monetary Fund again showed doubts about the government forecasts for the deficit.

In view of the doubts raised about any further steps that might be be prepared, the Executive Passos Coelho said that if necessary, there may be decisions after the elections, when being prepared the Budget 2016.

However, the Deputy Minister Poiares Maduro ensures that there is need for more austerity and says there is nothing new in this report, which – highlights -. come only confirm the economic recovery in Portugal

The IMF does not show great confidence in the forecasts of the Government, calls for more austerity, suggests that there are no reductions in IMI and supports maintaining the IRS surcharge.

The International Monetary Fund also says that the VAT delivery companies will be level with last year, below forecasts executive, and if so there will be conditions to make any refund of the surcharge.

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