Portugal : Ex Post Evaluation of Exceptional Access Under the 2011 Extended Arrangement-Press Release; Staff Report; and Authorities Views

This paper presents an ex-post evaluation of the 2011-14 Extended Fund Facility arrangement with Portugal. The exceptional access arrangement foresaw Fund financing of SDR 23.7 billion (one-third of a package with European partners)—the third largest program in percent of quota and the joint largest in terms of country GDP.