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Portugal: Request for a Three-Year Arrangement Under the Extended Fund Facility

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  • International Monetary Fund

Abstract

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.

Suggested Citation

  • International Monetary Fund, 2011. "Portugal: Request for a Three-Year Arrangement Under the Extended Fund Facility," IMF Staff Country Reports 2011/127, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2011/127
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    Citations

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    Cited by:

    1. Schrader, Klaus & Laaser, Claus-Friedrich, 2012. "Die Krise in Südeuropa oder die Angst vor dem Dominoeffekt: Griechenland, Portugal und Spanien im Krisentest," Kiel Discussion Papers 500/501, Kiel Institute for the World Economy (IfW Kiel).
    2. Fortes, Patrícia & Alvarenga, António & Seixas, Júlia & Rodrigues, Sofia, 2015. "Long-term energy scenarios: Bridging the gap between socio-economic storylines and energy modeling," Technological Forecasting and Social Change, Elsevier, vol. 91(C), pages 161-178.
    3. Schrader, Klaus & Laaser, Claus-Friedrich, 2012. "Will Portugal turn into a second Greece?," Open Access Publications from Kiel Institute for the World Economy 56378, Kiel Institute for the World Economy (IfW Kiel).
    4. Penet, Pierre, 2016. "The IMF failure that wasn't: tournaments of conditionality and strategic ignorance during the european debt crisis," Working Papers unige:88327, University of Geneva, Paul Bairoch Institute of Economic History.

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