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Lisbon, Portugal

Lisbon. iStock Photo

Portugal Resident Representative Site

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

November 5, 2014

An International Monetary Fund (IMF) mission visited Lisbon from October 28 to November 4, 2014, for the first Post-Program Monitoring discussion—part of the IMF’s regular surveillance of countries with IMF credit outstanding above 200 percent of quota. The IMF mission was coordinated with the European Commission and the European Central Bank (ECB).

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News — Highlights


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

"Fiscal Issues in Portugal’s EU-IMF Program"

Presentation by Albert Jaeger at the Joint Vienna Institute (JVI), July 11, 2014. click for more

"Assessing Public Debt Sustainability: The Case of Portugal"

Presentation by Albert Jaeger at the Seminar "Financial Markets and the Evolution of Sovereign Debt Markets—Key Economic and Legal Issues", Universidade de Lisboa, Portugal, July 8, 2014. click for more

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Portugal and The IMF

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

Portugal: First Post-Program Monitoring Discussions-Staff Report; Press Release; and Statement by the Executive Director

January 30, 2015
Series: Country Report No. 15/21 click for more

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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.