What the IMF said about Ireland

A fifth review of the Irish economy has yielded another tranche of funds from the IMF: here is what the Washington organisation had to say:

28th February, 2012
What the IMF said about Ireland
“Continued strong implementation of fiscal consolidation, and financial and structural reforms by the Irish authorities will be critical": IMF

The International Monetary Fund has issued another tranche of funds for Ireland, adding €3.2 billion to its allocation. It gave the following comment on Ireland's austerity programme:

The Irish authorities continue to advance wide-ranging reforms to restore the health of the financial system so it can support Ireland’s recovery.

Major progress in downsizing the banking system has been made, with the two largest banks disposing of almost €15 billion in mainly foreign assets...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 5 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 5 years ago