IMF closes its permanent Portuguese base

It will still be back and forth, but as of September 30 Portugal’s permanent IMF representation will be no more.

Albert Jaeger – the man who has been here for the last four years – will shut up his office and head back to Washington just days before the October 4 elections, reveals TVI, stressing that this “does not alter post-programme monitorisation by Fund technicians who will continue to visit Lisbon and accompany the work of the next government twice a year until Portugal has repaid the bulk of its international bailout loan”.