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Lisbon, Portugal

Lisbon. iStock Photo

Portugal Resident Representative Site

Portugal: Concluding Statement of the First Post-Program Monitoring Discussion

March, 2015

An International Monetary Fund (IMF) mission visited Lisbon during March 5-17 for the 2015 Article IV consultation discussions, part of the IMF’s regular surveillance of all member countries.

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News — Highlights

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Presentation by Albert Jaeger. Portugal after the Adjustment Program: What’s Left to Do?

March 27, 2015 click for more

Presentation by Subir Lall. Portugal After the Adjustment Program: What Are the Right Policy Priorities?

March 17, 2015 click for more

Concluding Statement of the 2015 Article IV Mission

March 17, 2015 click for more

Portugal: Improving Fiscal Transparency

Presentation by Albert Jaeger at the Conference Budget Watch 2015, ISEG, Lisbon, November 26, 2014 click for more

"Portugal’s Economic Crisis: Genesis, Response, and Prospects"

Presentation by Albert Jaeger at the IE Business School, Madrid, November 14, 2014. click for more

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Portugal and The IMF

Transcript of a Press Conference on Europe

April 17, 2015

Portugal: Concluding Statement of the 2015 Article IV Mission

March 17, 2015

Transcript of a Press Briefing by Gerry Rice, Director, Communications Department, International Monetary Fund

February 19, 2015

Press Release: Portugal Adheres to the International Monetary Fund’s Special Data Dissemination Standard Plus

February 11, 2015

Press Release: IMF Executive Board Concludes First Post-Program Monitoring with Portugal

January 30, 2015

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Portugal and the IMF

  • Member since March 29, 1961

  • Quota: SDR1029.7 million (equivalent to €1144million, US$1,635 million at current exchange rates)

    Each member country of the IMF is assigned a quota, based broadly on its relative position in the world economy. A member country's quota determines its maximum financial commitment to the IMF, its voting power, and has a bearing on its access to IMF financing.

  • Portugal is represented in the Executive Board of the IMF in a group of countries led by Italy and also includes Albania, Greece, Malta, San Marino, and Timor-Leste.

    The Executive Board is responsible for conducting the day-to-day business of the IMF. It is composed of 24 Directors, who are appointed or elected by member countries or by groups of countries. The Managing Director serves as its Chairman. The Board usually meets several times each week. It carries out its work largely on the basis of papers prepared by IMF management and staff.

  • In addition to quota resources, Banco de Portugal has contributed to the New Arrangement to Borrow with a credit line of up to SDR 1542.13 million.