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LISBON, Oct. 25 (Xinhua) -- Portugal's budget plan for 2017 underscored the government's commitment to fiscal consolidation, but does not fully address the fiscal risks posed by weak growth and legal problems in the financial system, rating agency Fitch said in a statement on Tuesday.

"The plan accords with our view that the Portuguese authorities will continue to narrow the budget deficit, despite the anti-austerity rhetoric of the government and some high-profile policy measures such as increasing public-sector pay and a hike in pensions," Fitch said.

"Overall, the plan extends the minority Socialist Party government's track record of prudent fiscal policy-making. The risk of political clashes between the Socialists and the more radical Communist Party and Left Bloc appears to have receded significantly, assuring more policy stability."

However the biggest risk to fiscal consolidation is "subdued growth", Fitch said.

"The 2017 budget plan balances deficit reduction with measures to stimulate growth, including some tax cuts and new social benefits. But while this may support private consumption, it does little to incentivise investment, which is struggling," Fitch warns, adding "prospects for the banking sector remain weak."

The 2017 budget plan gives no details as to the government's solution to cleaning up bank balance sheets that would be attractive to private investors, Fitch said.

Fitch maintains a more cautious outlook than the government and expects the deficit to end at 2.7 percent of GDP this year.

The agency concludes that Portugal's BB+ Stable sovereign rating is constrained by high debt and weak growth.

Prime Minister Antonio Costa's government came into office in November, after being backed by the Left Bloc and Communist party in parliament.

Portugal's draft plan submitted to the European Commission last week targets a general government budget deficit of 1.6 percent of GDP in 2017, down from a forecast 2.4 percent in 2016.

The budget plan projects general government debt to be 128.3 percent of GDP at the end of 2017.

SANTIAGO Cheap Jared Goff Jersey , Feb. 19 (Xinhua) -- Chile's President Sebastian Pinera on Wednesday highlighted the building of 13 stadiums in his government during the opening of "Elias Figueroa" soccer stadium in Valparaiso (center).

"Our target was to make a revolution on the sports infrastructure and now we have 13 new professional stadiums. It is the first time in the history of Chile that so many stadiums were built. Seven stadiums are ready and six are in full building process," he said.

During the opening event of "Elias Figueroa" stadium, Pinera said, "it will be useful for all the people from Valparaiso Cheap Todd Gurley II Jersey , and it will be used by athletes and soccer players. We will have other shows as well and it will host the professional soccer team Santiago Wanderers."

Pinera also said that during his government, which began in March 2010 and will end on March 11, 160 smaller stadiums and 30 sport centers were built "to practice basketball, volleyball Wholesale Los Angeles Rams Hats , rhythmic gymnastics and dancing, among others, because we want everybody to practice sports."

He recalled that Chile will host the 2014 South American Games from March 7-18 in Santiago. This is the most important sports event in the South American country after the 1962 FIFA World Cup.

Some 3,500 athletes from Argentina Wholesale Los Angeles Rams Hoodies , Aruba, Bolivia, Brazil, Colombia Wholesale Los Angeles Rams Shirts , Chile, Ecuador, Guyana, Panama Wholesale Los Angeles Rams Jerseys , Paraguay, Peru, Suriname, Uruguay and Venezuela. will compete in 33 sports.

LUSAKA, July 29 (Xinhua) -- Zambia has been disqualified from the on-going Council of Southern African Football Associations (COSAFA) Under-17 Championships for fielding two over-age players, organizers said on Friday.

The country's Under-17 national soccer team has been booted out of the tournament after fresh Magnetic Resonance Imaging (MRI) tests carried out on two of its players found them to be over-age, according to a statement posted on the organizers' website.

Zambia had willingly submitted strikers Nicholas Mulilo and Benjamin Phiri for re-testing at the on-going tournament in Mauritius after complaints from two countries.

"Zambia's disqualification follows fresh Magnetic Resonance Imaging (MRI) tests carried out on forward Nicholas Mulilo and Benjamin Phiri in Mauritius, which found the players were over the age of 17 and therefore according to clause 10.5 (1) of the tournament regulations are not eligible to compete in the competition," the statement said.

The Football Association of Zambia (FAZ) had subjected all the players to a mandatory MRI tests before they departed for the tournament.

But the statement claimed that information sourced from the Confederation of African Football (CAF) indicated that the tests were incorrectly done.

Malawi, who were run-up in Group B have since taken the top spot and will play in the semi-finals against Namibia while Kenya has claimed the runners-up spot.

The junior Chipolopolo clobbered Kenya 3-0 and then hammered Malawi and Madagascar 3-0 apiece to proceed to the semi-finals of the tournament.

The disqualification is a blow to coach Oswald Mutapa who was using the tournament to prepare his players for the 2017 Africa Cup of Nations Under-17 Championship second round qualifier against Sudan. Enditem

KABUL Wholesale Rams Hats , July 31 (Xinhua) -- At least one attacker was killed after a car bomb blast and ensuing gunfire struck the Iraqi Embassy in Kabul, Afghanistan on Monday, the Afghan Interior Ministry said.

"At around 11:10 a.m. (local time), four terrorists attacked the Iraqi Embassy in Ansari Square Wholesale Rams Hoodies , Police District 4. In the beginning, one terrorist detonated his explosive at the first gate of the compound and three assailants entered the building," the ministry said in a statement.

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