Glossary

FMI

Published 8 November 2026, 22:53
FMI — Fundo Monetário Internacional (International Monetary Fund, IMF)

An international organisation of which Portugal is a member. Every few years it reviews the state of the country and its banks and publishes its findings. In 2025–⁠2026 it carried out a review of Portugal's financial system (FSAP): the report was approved on 17 June 2026, and its conclusions were discussed on 22 September 2026 at a conference at the Banco de Portugal. Housing prices were named there as the main vulnerability.

Where you come across it. Articles about housing prices, the soundness of banks and assessments of the Portuguese economy.
The IMF makes no decisions for Portugal and does not change any rules: its findings are an assessment and advice. Not to be confused with the European Central Bank, which is the body that sets interest rates.
Official website: imf.org