IMF's Lagarde says Portugal 'on right track' | Bangkok Post: news

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IMF's Lagarde says Portugal 'on right track'

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Portugal is "on the right track" in meeting economic reform targets set by its international creditors in exchange for rescue funding, IMF chief Christine Lagarde said in an interview released Saturday. 

International Monetary Fund Managing Director Christine Lagarde on February 21, 2012 at the EU Headquarters in Brussels. Portugal is "on the right track" to meet economic reform targets set by its international creditors, said Lagarde.

"The programme is on the right track. A significant part of fiscal adjustment has been carried out," Lagarde told the Portuguese weekly, Expresso.

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