Saturday, 12 November 2011

Health sector and the adjustment due to the financial rescue plan

The financial rescue program of Portugal has a Memorandum of Understanding - MoU - detailing the policies to be applied in the public sector to achieve balance in the Government accounts.
One targeted sector is health care, with several measures aimed at reducing the public expenditure on health care goods and services.

Another review period of compliance with the MoU has started. I provide here an assessment of the degree of progress in the adoption of the policy measures contained in the MoU. In summary, some are done, some are ahead of schedule, some are still to fully develop and just started. Overall, the level of compliance is quite good. We can always ask for more, and more was achievable in my view, but current situation meets the demands.

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