{
  "title": "Portugal: Request for a Three-Year Arrangement Under the Extended Fund Facility",
  "publication": "IMF Staff Country Reports, June 7, 2011",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/portugal-request-for-a-three-year-arrangement-under-the-extended-fund-facility-24908",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2016/12/31/portugal-request-for-a-three-year-arrangement-under-the-extended-fund-facility-24908",
  "overlayPath": "/en/publications/cr/issues/2016/12/31/portugal-request-for-a-three-year-arrangement-under-the-extended-fund-facility-24908/index.md",
  "summary": "Portugal's economy faced severe crisis during the global economic and financial crisis. In this context, Portugal's authorities have put forward an economically well-balanced program that will focus on structural reforms to boost growth and employment, ensure balanced fiscal sustainability, safeguard financial stability, and prevent a credit crunch. The Executive Board of the International Monetary Fund welcomed this step, and approved a three-year arrangement under the Extended Fund Facility for Portugal.",
  "publishDate": "2011-06-07",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Portugal's economy faced severe crisis during the global economic and financial crisis.\n- Portugal's authorities proposed an economically well-balanced program focused on:\n  - structural reforms to boost growth and employment,\n  - ensuring balanced fiscal sustainability,\n  - safeguarding financial stability, and\n  - preventing a credit crunch.\n- The Executive Board of the International Monetary Fund welcomed the program and approved a three-year arrangement under the Extended Fund Facility for Portugal.\n- Publication date: June 7, 2011."
    },
    {
      "heading": "Key findings and focus areas",
      "content": "- Structural reforms aimed to boost growth and employment.\n- Fiscal measures aimed to ensure balanced fiscal sustainability.\n- Financial-sector measures aimed to safeguard financial stability and prevent a credit crunch."
    },
    {
      "heading": "Policy recommendations and program features",
      "content": "- Implement a program combining structural reforms, fiscal consolidation, and financial-stability measures.\n- Prioritize measures that:\n  - support growth and employment through structural reform,\n  - restore and maintain fiscal sustainability, and\n  - protect the banking system from a credit crunch.\n\n---\n\n Content in this bundle\n\n- Cr11127 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/portugal-request-for-a-three-year-arrangement-under-the-extended-fund-facility-24908"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2016/12/31/portugal-request-for-a-three-year-arrangement-under-the-extended-fund-facility-24908/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2016/12/31/portugal-request-for-a-three-year-arrangement-under-the-extended-fund-facility-24908/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2016/12/31/portugal-request-for-a-three-year-arrangement-under-the-extended-fund-facility-24908/bundle-manifest.json)",
    "Published: June 7, 2011",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781455277537.002",
    "Portugal's economy faced severe crisis during the global economic and financial crisis.",
    "Portugal's authorities proposed an economically well-balanced program focused on:",
    "The Executive Board of the International Monetary Fund welcomed the program and approved a three-year arrangement under the Extended Fund Facility for Portugal.",
    "Publication date: June 7, 2011.",
    "Structural reforms aimed to boost growth and employment.",
    "Fiscal measures aimed to ensure balanced fiscal sustainability.",
    "Financial-sector measures aimed to safeguard financial stability and prevent a credit crunch.",
    "Implement a program combining structural reforms, fiscal consolidation, and financial-stability measures.",
    "Prioritize measures that:",
    "[Cr11127 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2011/_cr11127.pdf){rel=\"external\" type=\"application/pdf\"}"
  ],
  "related": [
    {
      "title": "Cr11127",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2011/_cr11127.pdf",
      "binary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2011/_cr11127.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2016/12/31/portugal-request-for-a-three-year-arrangement-under-the-extended-fund-facility-24908/index.md",
    "json": "/en/publications/cr/issues/2016/12/31/portugal-request-for-a-three-year-arrangement-under-the-extended-fund-facility-24908/index.json",
    "bundleManifest": "/en/publications/cr/issues/2016/12/31/portugal-request-for-a-three-year-arrangement-under-the-extended-fund-facility-24908/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-27T17:32:52.139Z"
}