IMF: Ireland faces challenges despite good progress

Ireland’s programme implementation continues to be strong but challenges remain, the country’s bailout troika has said.

26th April, 2012

Ireland’s programme implementation continues to be strong but challenges remain, the country’s bailout troika has said.

The European Commission, European Central Bank and International Monetary Fund issued a statement to mark the conclusion of its sixth quarterly review mission of the government’s economic programme.

It said that the country is on track to achieve its 2012 deficit ceiling of 8.6 percent of GDP. The 2011 general government deficit (excluding...

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