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Portugal Resident Representative Site

Portugal: Second Post-Program Monitoring

August 6, 2015

The Executive Board of the International Monetary Fund (IMF) has concluded the Second Post-Program Monitoring with Portugal.

Press release

Staff report

News — Highlights

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

AESE Business School, Lisbon, July 15, 2015 click for more

Presentation by Albert Jaeger. "Portugal after the Financial Crisis: Mission Unfinished"

June 19, 2015 click for more

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

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Portugal and The IMF

Portugal: Second Post-Program Monitoring Discussions - Press Release; and Staff Report

August 6, 2015
Series: Country Report No. 15/226 click for more

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

August 6, 2015

Portugal: Concluding Statement of the Second Post-Program Monitoring Discussions

June 12, 2015

Portugal: 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Portugal

May 18, 2015
Series: Country Report No. 15/126 click for more

Portugal: Selected Issues Paper

May 18, 2015
Series: Country Report No. 15/127 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.