Troika turns up heat on welfare, property tax

The troika is pushing the government to reform universal social welfare payments and make faster progress on the property tax in advance of the December budget.

8th September, 2012

The bailout troika is pushing the government to reform universal social welfare payments and make faster progress on the property tax in advance of the December budget.

An IMF report, to be published tomorrow, will call for a fundamental restructuring of universal social welfare entitlements, insisting that the current payments in areas like child benefit are financially unsustainable.

In its quarterly report on Ireland, the IMF will also warn the government about potential delays in...

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