{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Finance minister presents report by foreign debt inspectors' data-url='/boclips/videos/5c54c00cd8eafeecae147c5c' data-video-url='/boclips/videos/5c54c00cd8eafeecae147c5c' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nFinance minister presents report by foreign debt inspectors\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003e1. Various Portuguese finance minister, Vitor Gaspar, arriving at news conference  2. Wide of Gaspar and members of his cabinet during news conference  3. SOUNDBITE (Portuguese) Vitor Gaspar, Portuguese Finance Minister:  \"I'm glad to...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003e1. Various Portuguese finance minister, Vitor Gaspar, arriving at news conference  \u003cbr/\u003e2. Wide of Gaspar and members of his cabinet during news conference  \u003cbr/\u003e3. SOUNDBITE (Portuguese) Vitor Gaspar, Portuguese Finance Minister:  \u003cbr/\u003e\"I'm glad to announce that the third inspection of the Portuguese Adjustment Programme, made by the International Monetary Fund, European Commission and European Central Bank, was successful. The inspection covered the three main points of the programme: budget consolidation, reduction of the indebtedness and the financing needs of the economy, and structural transformation to create conditions to develop the competitiveness of the economy and sustainable growth.\"   \u003cbr/\u003e4. Wide of cameraman and minister behind  \u003cbr/\u003e5. Mid of Gaspar speaking    \u003cbr/\u003e6. SOUNDBITE (Portuguese) Vitor Gaspar, Portuguese Finance Minister:\u003cbr/\u003e\"The troika will recommend the fourth instalment of the bailout to be paid on the amount of euro14.6 billion (b) including euro2 billion (b) for bank recapitalisation.\"   \u003cbr/\u003e7. Pan right members of finances ministry and Gaspar during news conference  \u003cbr/\u003e8. SOUNDBITE (Portuguese) Vitor Gaspar, Portuguese Finance Minister:\u003cbr/\u003e\"The finance ministry has revised downwards the forecast for economic activity in Portugal. In 2012 the economic activity will record an average annual contraction of 3.3 percent which represents a revision of 0.3 percentage points, when compared with the macro economic situation from the second (last) inspection of the programme.\"  \u003cbr/\u003e9. Tilt down of journalist taking notes  \u003cbr/\u003e10. Wide of journalists listening   \u003cbr/\u003e11. Various Gaspar leaving news conference   \u003cbr/\u003ePortugal is complying with conditions attached to a 78 (b) billion euro (105 (b) billion US dollar) international bailout it received last year, the country's finance minister and foreign lenders said on Tuesday.  \u003cbr/\u003e\"I'm glad to announce that the third inspection of the Portuguese Adjustment Programme, made by the International Monetary Fund, European Commission and European Central Bank, was successful,\" said Vitor Gaspar during a news conference in Lisbon.    \u003cbr/\u003eThat assessment ensures Portugal will receive its next instalment of 14.6 (b) billion euro (20 (b) billion US dollars), bringing the total so far to 48.8 (b) billion euro (65 (b) billion US dollars) after the country passed previous compliance tests, Gaspar said.   \u003cbr/\u003eInspectors from the bailout lenders - the International Monetary Fund, the European Central Bank and the European Commission - said in a statement that \"Portugal is making good progress toward adjusting its economic imbalances.\"   \u003cbr/\u003eThe Portuguese government and European leaders want to avoid a repeat of the problems in Greece, where authorities missed targets and the country ended up needing a second bailout that renewed political and financial tensions in the bloc.   \u003cbr/\u003eInspectors from the lending organisations spent the last 10 days conducting a regular review of Portugal's progress since they granted it a financial rescue package eight months ago.   \u003cbr/\u003ePortugal went into a double-dip recession last year and is expected to contract further this year.\u003cbr/\u003eGaspar announced the government is revising its growth forecast for this year from a contraction of 2.8 percent to a steeper 3.3 percent. \u003cbr/\u003eThe Portuguese finance minister conceded the programme may need some adjustments.\u003cbr/\u003ePrime Minister Pedro Passos Coelho has previously said he would like to see more flexibility in the 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