Christine Lagarde was invited to participate in the state council, which is the Portuguese president’s highest consultative body; it comprises 20 members, including the president, the prime minister and three former presidents.

She has simultaneously praised and warned political leaders, saying they have done well to emerge from economic crisis but “the waters of the global economy are probably going to get a lot choppier”. Portugal’s course should be in structural reforms to increase savings, investment and productivity.

Follow the link to read Lagarde’s full speech:  https://www.imf.org/en/News/Articles/2019/03/01/sp030119-portugal-and-the-global-economy-the-way-forward