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IMF ‘recommendations’ will be considered, says Bank of Portugal
Portugal’s central bank, Bank of Portugal (BdP), has officially ‘welcomed the recommendations of the International Monetary Fund (IMF)’, adding that these recommendations – such as those relating to systemic risks – will be taken into account in the institution’s future work. The IMF has concluded its Financial Sector Assessment Programme (FSAP) in Portugal, which forms part of mandatory periodic assessments to which systemically important financial systems are subject. [...]