IMF advises Portugal to improve housing supply to curb rising prices

The IMF advises Portugal to enhance housing supply to curb rising prices and improve accessibility. Measures suggested include revitalizing the rental market and expanding social housing. The IMF also highlights the need for structural reforms to boost competitiveness in Europe, as economic growth remains fragile. Inflation is expected to stay above target until 2028, necessitating cautious macroeconomic policies. Portugal's public finances have shown positive trends, with significant debt reduction since 2020. The IMF forecasts modest growth for the eurozone, emphasizing the importance of innovation and market integration over protectionist policies.